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Dutch1

12/13/16 10:34 AM

#29287 RE: Bergycb #29286

A block trade involves a significantly large number of equities or bonds being traded at an arranged price between two parties, sometimes outside of the open markets, to lessen the impact on the security price.

Source: http://www.investopedia.com/terms/b/blocktrade.asp


So I guess this one is for that reason done outside the open market.