StockFetcher Forums · Filter Exchange · to wall street genius<< 1 2 3 4 5 >>Post Follow-up
WALLSTREETGENIUS
983 posts
msg #65770
Ignore WALLSTREETGENIUS
8/3/2008 8:17:56 PM

Block trades explained....

Small trades placed through brokers (often called retail trades) require a few simple entries into a computer. In these cases, traders record the exchange of a few hundred shares or a few thousand shares, and the trade happens with a few swift keystrokes.
However, when a large institutional investor seeks to buy or sell a large chunk of stock, or a block of stock, the sheer size of the order involves additional facilitation. A buy order for 200,000 shares of IBM stock, for instance, would not easily be accomplished without a block trader. At any given moment, only so much stock is available for sale, and to buy a large quantity would drive the price up in the market (to entice more sellers into the market to sell).

For a NYSE stock, the process of block trading is similar to that of any small buy or sell order. The difference is that a small trade arrives electronically to the specialist on the floor of the exchange, while a block trade runs through a floor broker, who then hand-delivers the order to the specialist. The style of a block trade also differs, depending on the client's wishes. Some block trades are done at the market and some block trades involve working the order.

At the market. Say Fidelity wishes to buy 200,000 shares of IBM, and they first contact the block trader at an investment bank. If Fidelity believed that IBM stock was moving up, they would indicate that the purchase of the shares should occur at the market. In this case, the trader would call the floor broker (in reality, he contacts the floor broker's clerk), to tell him or her to buy the next available 200,000 shares of IBM. The clerk delivers the ticket to the floor broker, who then takes it to the specialist dealing in IBM stock. Again, the specialist acts as an auctioneer, matching sellers to the IBM buyer. Once the floor broker accumulates the entire amount of stock, likely from many sellers, his or her clerk is sent back to the phones to call back the trader. The final trading price is a weighted average of all of the purchase prices from the individual sellers.

Working the order. Alternately, if Fidelity believes that IBM was going to bounce around in price, they might ask the trader to work the order in order to hopefully get a better price than what is currently in the market. The trader then would call the floor broker and indicate that he or she should work at finding as low a price as possible. In this case, the floor broker might linger at the IBM trading post, watching for sell orders to come in, hoping to accumulate the shares at as low a price as possible.



- WALLSTREETGENIUS -



Wowzers
35 posts
msg #65771
Ignore Wowzers
modified
8/3/2008 8:20:03 PM

ok??

marine2
829 posts
msg #65772
Ignore marine2
8/3/2008 10:00:05 PM

Bottom line is, if these two people had a fail safe plan on picking stocks they would be billionaires like Mr. Buffett and they sure wouldn't be wasting their precious time in this forum. Hot air is cheap. Real data is gold.

WALLSTREETGENIUS
983 posts
msg #65774
Ignore WALLSTREETGENIUS
8/3/2008 10:12:42 PM

....and skeptics will always be looking in through the outdoor! LOSERS are always the one's JEALOUS, complaining, and left holding the bag of sh*t. While WINNERS just simply keep on WINNING!


RIGGS

TheRumpledOne
6,362 posts
msg #65775
Ignore TheRumpledOne
modified
8/3/2008 10:18:17 PM

killerdude

If she has such a good thing going...shouldn't she be rich by now and have other people doing this for her...

besides....everyone knows it's Avery playing around!!!

DOOD
======================

Playing around?



marine2
829 posts
msg #65777
Ignore marine2
8/3/2008 10:31:25 PM

Skeptics have also been known as realists. It is true, that if you haven't tried or tested what is being hailed as a great product / process, how then can one fault it. Let me say this, the proof is in the pudding. If the method / technique / process is layed out to all the forum members to test then coming back on here to report their findings only then will that method or technique be accepted or thrown out.

WALLSTREETGENIUS
983 posts
msg #65780
Ignore WALLSTREETGENIUS
8/3/2008 10:58:04 PM

It is true, that if you haven't tried or tested what is being hailed as a great product / process, how then can one fault it. Let me say this, the proof is in the pudding.
______________________

Listen you weak, scared of the market little runt...everyone by now has ALREADY seen the "pudding!" And so have YOU...haven't you? Are you telling me that you haven't already "tried or tested" my findings? Of course you have! That's why when weak little voice boxes like you come around, you never come with ammo, rather you choose to just run your little piehole's! Why don't you come back and talk facts, and bring some of your favorite stocks, and I'll be glad to SHOW YOU in front of EVERYONE the continued "MAGIC" I bring to traders and investors alike!

NEXT!....



- WALLSTREETGENIUS -

WALLSTREETGENIUS
983 posts
msg #65781
Ignore WALLSTREETGENIUS
modified
8/3/2008 11:09:39 PM

Bottom line is, if these two people had a fail safe plan on picking stocks they would be billionaires like Mr. Buffett and they sure wouldn't be wasting their precious time in this forum. Hot air is cheap. Real data is gold.
_______________

"Data" you say?....why dont we just start with EVERY SINGLE stock alphabeticaly? Do you want to do that? Please, why don't we do that so EVERYONE can see right here mouth? Or do you want to just start with the "GOOG's" or "AAPL'S?" So stop running your mouth, and let's talk stocks and my GENIUS! LOL...


- WALLSTREETGENIUS -

WALLSTREETGENIUS
983 posts
msg #65782
Ignore WALLSTREETGENIUS
modified
8/3/2008 11:15:17 PM

OMG!!! LOL...I just used GOOG & AAPL as hypothetical examples, and if you look where ALL their run-ups the past 3-months began, you'll see that they ALL started with my Williams / RSI divergence theory! ROFLMAO!!! What an IDIOT you are "marine2!" "IDIOT" indeed!....

LOL!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

Talk about "Data!"....



RIGGS

marine2
829 posts
msg #65791
Ignore marine2
8/4/2008 12:18:06 AM

8/4/2008 12:10:49 AM

Riggs, you have just proven to me and others that you are NUTS. I think you should stick to talking to your mirror and leaving us sane people tackle whats real in the world. Go off and play in the sand now and be a good little boy, lol. Oh, happy investing, I do hope you make a dollar or two.



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