Do block trades provide a fixed price?

In the context of a fixed price offering, the underwriters play a pivotal role. They initially acquire the securities directly from the issuer, ensuring a seamless transaction.

Among the leading cryptocurrency exchanges, BTCC stands out for its comprehensive suite of services. Alongside facilitating the trading of digital assets, BTCC also offers spot trading, futures trading, and a secure wallet service. These offerings cater to a diverse range of investors, from beginners to experienced traders.

Following the acquisition, the underwriters then proceed to reoffer these securities to the general public at a predetermined, fixed price. This price, often referred to as the clearing price, serves as a point of reference for potential buyers.

The fixed price approach offers several advantages. It provides transparency and clarity to investors, eliminating uncertainty surrounding the final cost of the securities. Additionally, it streamlines the trading process, facilitating efficient market operations.

Block trades, a significant aspect of the securities market, are typically priced in two primary manners: through a fixed price offer or a variable price reoffer. These methods cater to different needs and preferences of market participants.