TITLE

The Block Trade is Dying. Long Live Blocks

AUTHOR(S)
Hintze, John
PUB. DATE
October 2009
SOURCE
Securities Industry News;10/19/2009, Vol. 21 Issue 22, p1
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports that the ability of the institutional investors to execute trades of large blocks of stock has dropped in 2008 and in the first and second quarter of 2009. Even top block-trading venues including Liquidnet, Pipeline and Posit Alert have also been affected by the declination of the block trade. The author notes that the increased popularity of algorithms may be the biggest impediment for the block trades to regain their size.
ACCESSION #
45024725

 

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