Block Trade
An order/trade submitted for sale or purchase of a large quantity of securities. Also known as "Block Order". Investopedia Says:
In general, 10,000 shares of stock (not including penny stocks) or $200,000 worth of bonds would be considered a block trade. Related Terms:
Auction Market
AUTEX
Block House
Block Order
Blockage Discount
Elephants
Eligible Contract Participant
Expunge
Iceberg Order
Market Overhang |