block trade

American  

noun

1. the purchase and sale of blocks of securities through brokers, sometimes not members of an exchange, who negotiate between buyers and sellers.

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Other Word Forms

• block trader noun

Example Sentences

When a man can make war or peace, promote or block trade, make you rich or freeze you out, other people do what they can to stay on his good side.

From The Wall Street Journal

A yearlong investigation into Bank of America BAC -2.81%decrease; red down pointing triangle by India’s financial regulator found that the bank improperly shared material nonpublic information about a $180 million block trade of stock and then misled the authorities about it, people familiar with the matter said.

From The Wall Street Journal

In a block trade, a bank helps a client sell a big chunk of stock, briefly taking the shares and then distributing them, often in smaller portions, to other investors.

From The Wall Street Journal

Bank of America initially told the regulator that its processes related to the block trade were business-as-usual and above-board, the people familiar with the matter said.

From The Wall Street Journal

A block trade will be Blackstone's fourth stake sale in Embassy, following sales in 2020, 2021 and 2022.

From Reuters