I'm trying to understand if a block trade is considered an over-the-counter transaction. I want to know if block trades, which typically involve large volumes of securities, are executed through OTC markets rather than through exchanges.
By shunning the open market, where values and volumes can experience significant fluctuations, blocks maintain a level of predictability and consistency in their pricing.
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BlockchainWizardSat Oct 12 2024
This stability is crucial for investors and traders alike, who often seek a reliable benchmark when navigating the volatile world of cryptocurrencies.
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AlessandraSat Oct 12 2024
Blocks, often regarded as over-the-counter (OTC) commodities, diverge from the conventional trading routes of the open market or centralized exchanges.
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BiancaSat Oct 12 2024
The OTC nature of blocks also fosters a more personalized and direct form of trading, allowing parties to negotiate terms and conditions that suit their unique needs.
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AlessandraSat Oct 12 2024
This unconventional approach to trading stems from a strategic decision aimed at preserving the stability of the securities' price.