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Block Trade

What does it mean?
The sale or purchase of a large quantity of securities.

In Other Words...
In general, 10,000 shares of stock (not including penny stocks) or $200,000 worth of bonds would be considered a block trade.

Related Links
Stock Basics Tutorial - If you're new to the stock market and want the basics, this is the tutorial for you!

Bond Basics Tutorial - What are bonds and do they belong in your portfolio? Get all the answers in this comprehensive tutorial.

Related Terms
Auction Market | Block House | Block Order | Bond | Elephants | Iceberg Order | Institutional Investor | Security | Shares

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Image Financial LLC is not a registered broker-dealer, but rather works in coordination with fully licensed broker-dealers, SIPC-insured clearing firms, and private trading firms to provide licensed and non-licensed clients with access to career trading programs and direct access trading capabilities.  Our firm and our network affiliates strongly recommend that all clients fully read and acknowledge all SEC risk disclosure statements available on our site and our affiliate broker-dealer websites prior to engaging in any live trading activity, and acquire a solid understanding of the risks inherent in active "day" trading.