Turquoise and LeveL Markets partner to offer new block Manual Conditional Order Type to buy-side and broker members using Luminex interface LSEG today announces the launch of a partnership between its ...
The move will allow buy-side trading desks to connect to nominated brokers on the Turquoise Plato Block Discovery trading service, providing increased control over block orders and self-directed ...
(FLASH FRIDAY is a weekly content series looking at the past, present and future of capital markets trading and technology. FLASH FRIDAY is sponsored by Instinet, a Nomura company.) In today’s equity ...
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What is a block trade?
・According to the New York Stock Exchange, a block order consists of 10,000 shares of a given stock or at a total market value of $200,000 or more. ・This method allows buyers to maintain price ...
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