blind bid

Blind Bid

A bid, usually by a portfolio manager, to buy a portfolio of stocks without knowing what stocks are included. Blind bids are useful when the portfolio manager wishes to buy stocks without affecting their market prices. Obviously, however, not knowing what stocks are included can be quite risky.

blind bid

An offer to purchase a basket of stocks without knowing exactly which stocks are included in the basket. Portfolio managers utilize blind bids when they risk affecting the market prices of stocks they buy and sell.

单词	blind bid
释义	blind bid Blind Bid A bid, usually by a portfolio manager, to buy a portfolio of stocks without knowing what stocks are included. Blind bids are useful when the portfolio manager wishes to buy stocks without affecting their market prices. Obviously, however, not knowing what stocks are included can be quite risky. blind bid An offer to purchase a basket of stocks without knowing exactly which stocks are included in the basket. Portfolio managers utilize blind bids when they risk affecting the market prices of stocks they buy and sell.
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