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Billion-dollar Blocks

How Merrill's Scott Bacigalupo and Rivals Move Massive Amountsof Stock Overnight to the Buyside

Traders Magazine, June 2013

Gregg Wirth

Overnight block trading has surged on Wall Street, reaching almost $60 billion in the last 12 months, nearly two and a half times the amount totaled in the year-earlier period of $24.3 billion, according to data from Thomson Reuters.

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