Exchanges
Bloodletting
March 27, 2022
Derivatives
Index Arbitrage
March 27, 2022

The process of grouping large orders together rather than allocating these orders up front. In other words, it involves combining odd-lot orders (small and non-standard orders)- for the same security- from multiple clients into a round lot in a bid to save the old-lot differential. This results in the so-called bunched orders.

It is also known as consolidating orders or order consolidation or executing in-house crosses.

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Tags

All Topics in the Letter 

Related Posts