Block trade

<ul><li> A single trade transacted by an asset manager, which may then be allocated to a number of different funds or portfolios managed by that asset manager. See also 'Allocation'.</li><li> An off-exchange trade that is privately negotiated with quantities at or exceeding exchange minimums. These trades are executed away from open outcry or electronic platforms to avoid price changes within the market at or exceeding exchange minimums.</li></ul>