A crossing network that only crosses block orders (institutional sized blocks, i.e., large institutional orders such as 10,000 shares). Retail...

A crossed trade which involves a large block of shares (institutional block), either on an exchange or through a dark...

A dark pool that places a minimum size (block size) for each order. It is designed to ensure that trades...

A form of volume-weighted average price that excludes upstairs or block trades. Consequently, it is very important that a trader...

A form of volume-weighted average price (VWAP) that excludes upstairs or block trades. Consequently, it is very important that a...