™A large institutional order may be negotiated or broken into smaller executions to manage market impact; size alone does not reveal whether the investor is informed.
Orders & Market Structure
Block trade
A transaction involving a large quantity of securities, often handled to reduce market impact.
Plain-English context
Put the definition to work.
A large print does not by itself reveal investor intent; negotiated, delayed or multi-leg activity can need context.
Further reading and verification. Examples are hypothetical, not current quotes or recommendations. Product terms, tax treatment and market rules can change. FINRA — order types and execution