Smaller Block Orders Eclipse the Superblocks: Capital Commitment, Natural Crossing and Home Cooki
Traders Magazine, March 1998
Superblock trades win praise and publicity on Wall Street. But these glamorous deals occur infrequently and only among a handful of firms, negotiated by underwriters and stock issuers long after the markets have closed.
Smaller block transactions, worked by a growing list of broker dealers, are eclipsing the well-publicized superblocks, and their volume is surging.
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