a phrase used by the London Stock Exchange to denote that a transaction was reported utilizing the block trade facility, which is: at the very least 75 times the standard Market Size (NMS) for a security with an NMS of 2,000 sharesor above 50 times the NMS for a security with an NMS of 1,000 stocks. for example. an extremely huge deal.
large amount of stocks and bonds which are exchanged in a single transaction. That can be 10,000 shares or a bond worth of $500,000.
A large lot of stocks or bonds traded in a single transaction. A securities transaction of at least 10,000 shares or a bond transaction of at least $500,000 is considered a block trade.