Derivatives

Asset Swap Option

September 19, 2021
Finance

Dutch Auction Rate Transferable Securities Preferred Stock

September 20, 2021

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A trade that combines a number of smaller orders or orders having customized sizes into a single order. It is executed at a specific price either simultaneously or within a specific window (e.g., within 60 seconds) and then allocated across individual accounts. In other words, the bunched trade will be cleared as a block, and then allocation amongst participating accounts/ customers takes place accordingly.

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