What type of trades requires require the execution of a trade of a large number of shares of a given stock?

Question

Quizplus · Accepted Answer

Block trades refer to the purchase or sale of a large number of shares of a particular stock, usually by institutional investors such as mutual funds, pension funds, or hedge funds. These trades are executed outside of the normal market exchanges and are often negotiated directly between the buyer and seller. Program trades and execution trades may involve large volumes, but they do not necessarily involve block trades. Pension fund trades may involve block trades, but they are not the only type of investor that engages in such trades.

What Type of Trades Requires Require the Execution of a Trade