{"id":25911,"date":"2024-07-19T14:30:00","date_gmt":"2024-07-19T06:30:00","guid":{"rendered":"https:\/\/www.tejwin.com\/?post_type=insight&#038;p=25911"},"modified":"2026-03-02T10:10:06","modified_gmt":"2026-03-02T02:10:06","slug":"what-is-block-trade","status":"publish","type":"insight","link":"https:\/\/tejwin20260323.j.webweb.today\/en\/insight\/what-is-block-trade\/","title":{"rendered":"What is Block Trade? TEJ will introduce you to it from the ground up?"},"content":{"rendered":"\n<figure class=\"wp-block-image size-large caption-align-center\"><img fetchpriority=\"high\" decoding=\"async\" width=\"1024\" height=\"683\" src=\"https:\/\/tejwin20260323.j.webweb.today\/wp-content\/uploads\/\/\u9245\u984d\u4ea4\u6613\u5716\u7247-1-1024x683.jpg\" alt=\"Block Trade\n\n\" class=\"wp-image-25242\" srcset=\"https:\/\/tejwin20260323.j.webweb.today\/wp-content\/uploads\/\u9245\u984d\u4ea4\u6613\u5716\u7247-1-1024x683.jpg 1024w, https:\/\/tejwin20260323.j.webweb.today\/wp-content\/uploads\/\u9245\u984d\u4ea4\u6613\u5716\u7247-1-300x200.jpg 300w, https:\/\/tejwin20260323.j.webweb.today\/wp-content\/uploads\/\u9245\u984d\u4ea4\u6613\u5716\u7247-1-150x100.jpg 150w, https:\/\/tejwin20260323.j.webweb.today\/wp-content\/uploads\/\u9245\u984d\u4ea4\u6613\u5716\u7247-1-768x512.jpg 768w, https:\/\/tejwin20260323.j.webweb.today\/wp-content\/uploads\/\u9245\u984d\u4ea4\u6613\u5716\u7247-1-1536x1024.jpg 1536w, https:\/\/tejwin20260323.j.webweb.today\/wp-content\/uploads\/\u9245\u984d\u4ea4\u6613\u5716\u7247-1-2048x1365.jpg 2048w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">Photo by <a href=\"https:\/\/unsplash.com\/@nick604\" class=\"ek-link\" target=\"_blank\" rel=\"noopener\">Nick Chong<\/a> on <a href=\"https:\/\/unsplash.com\/\" class=\"ek-link\" target=\"_blank\" rel=\"noopener\">Unsplash<\/a><\/figcaption><\/figure>\n\n\n\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_81 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a10e01e02a1b\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"ez-toc-cssicon\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a10e01e02a1b\"  aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/tejwin20260323.j.webweb.today\/en\/insight\/what-is-block-trade\/#Preface\" >Preface<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/tejwin20260323.j.webweb.today\/en\/insight\/what-is-block-trade\/#How_did_the_Block_Trade_come_about\" >How did the Block Trade come about?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/tejwin20260323.j.webweb.today\/en\/insight\/what-is-block-trade\/#Types_of_Block_Trade%EF%BC%9F\" >Types of Block Trade\uff1f<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/tejwin20260323.j.webweb.today\/en\/insight\/what-is-block-trade\/#Matched_Trade\" >Matched Trade<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/tejwin20260323.j.webweb.today\/en\/insight\/what-is-block-trade\/#Continuous_Trading\" >Continuous Trading<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/tejwin20260323.j.webweb.today\/en\/insight\/what-is-block-trade\/#Impact_of_Block_Trade_on_Investors\" >Impact of Block Trade on Investors<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/tejwin20260323.j.webweb.today\/en\/insight\/what-is-block-trade\/#Market_Fluctuations\" >Market Fluctuations<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/tejwin20260323.j.webweb.today\/en\/insight\/what-is-block-trade\/#Investor_psychology\" >Investor psychology<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/tejwin20260323.j.webweb.today\/en\/insight\/what-is-block-trade\/#Liquidity\" >Liquidity<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/tejwin20260323.j.webweb.today\/en\/insight\/what-is-block-trade\/#Where_does_Block_Trade_information_come_from_TEJ_organizes_it_for_you\" >Where does Block Trade information come from? TEJ organizes it for you!<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/tejwin20260323.j.webweb.today\/en\/insight\/what-is-block-trade\/#Conclusion\" >Conclusion<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/tejwin20260323.j.webweb.today\/en\/insight\/what-is-block-trade\/#Further_Reading\" >Further Reading<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Preface\"><\/span><strong>Preface<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Block Trade, a crucial element of the financial markets, refer to the buying and selling of securities in substantial single transactions. These trades, typically carried out by institutional or large investors, involve a multitude of stocks, bonds, or other financial instruments. Their staggering volume and value characterize them and are often conducted outside the open market to mitigate excessive impact on market prices. TEJ will guide you through this crucial aspect of the financial world.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"How_did_the_Block_Trade_come_about\"><\/span><strong>How did the Block Trade come about?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Block Trade are required to be reported if they meet the following criteria, depending on the number of trades and the amount of money traded:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>A single security with a reported purchase or sale of 500 units or $15 million or more at one time<\/li>\n\n\n\n<li>A portfolio of stocks totaling $15 million or more in a single report of purchases or sales of five stocks.<\/li>\n<\/ul>\n\n\n\n<p>The Taiwan Stock Exchange (TSE) introduced the Block Trade system in 2005. It revised and adjusted the related functions in 2007, including increasing the number of matching trading methods, extending trading hours, and changing the unit of price increase and decrease as well as the price range of the trade report. These adjustments not only satisfy the market demand but also greatly enhance the willingness of market participants to use the system.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Types_of_Block_Trade%EF%BC%9F\"><\/span><strong>Types of Block Trade\uff1f<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Matched_Trade\"><\/span><strong>Matched Trade<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p><strong><strong>Summarize<\/strong><\/strong><\/p>\n\n\n\n<p>A Matched Trade is a transaction agreed upon in advance between buyers and sellers that is reported and cleared through a broker or Exchange. Matched trades usually involve large amounts of capital and large quantities of securities to avoid excessive price impact when executed in the open market.<\/p>\n\n\n\n<p><strong><strong>Taiwan Trading Hours<\/strong><\/strong><\/p>\n\n\n\n<p>08: 00 &#8211; 08: 30 and 09: 00 -17: 00<\/p>\n\n\n\n<p><strong><strong>Characteristics<\/strong><\/strong><\/p>\n\n\n\n<ol class=\"wp-block-list\">\n<li>Bilateral Negotiation:\n<ul class=\"wp-block-list\">\n<li>Buyers and sellers negotiate prices and quantities in the OTC market and report to the Exchange after reaching a trade agreement.<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li>Avoid price volatility:\n<ul class=\"wp-block-list\">\n<li>Since Trading occurs outside the open market, it avoids the dramatic price fluctuations associated with large trades.<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li>Confidentiality\uff1a\n<ul class=\"wp-block-list\">\n<li>Details of the transaction are usually kept confidential until it is finalized, avoiding market volatility if the information is known in advance.<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li>Trade Reporting:\n<ul class=\"wp-block-list\">\n<li>Transaction details must be reported to the Exchange as soon as the transaction is completed so that the open market knows it.<\/li>\n<\/ul>\n<\/li>\n<\/ol>\n\n\n\n<p><strong><strong>Advantages and disadvantages of Matched Trade:<\/strong><\/strong><\/p>\n\n\n\n<div class=\"wp-block-columns is-layout-flex wp-container-core-columns-is-layout-28f84493 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\">\n<p><strong>Advantages\uff1a<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Avoid drastic price fluctuations in the market<\/li>\n\n\n\n<li>High confidentiality to avoid market overreaction<\/li>\n\n\n\n<li>More suitable for large trades<\/li>\n<\/ul>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\">\n<p class=\"has-text-align-left\"><strong><strong>Disadvantages<\/strong><\/strong>\uff1a<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>More extended negotiation between the two parties to the transaction<\/li>\n\n\n\n<li>Delayed reporting may result in asymmetric information<\/li>\n<\/ul>\n<\/div>\n<\/div>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Continuous_Trading\"><\/span><strong><strong>Continuous Trading<\/strong><\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p><strong> <strong><strong>Summarize<\/strong><\/strong><\/strong><\/p>\n\n\n\n<p>Continuous Trading involves executing large trades in the open market piecemeal. Large orders are broken down into smaller parts and gradually executed in the market. This Strategy is designed to minimize the instantaneous impact on market prices while ensuring that trades are completed.<\/p>\n\n\n\n<p><strong><strong>Taiwan Trading Hours<\/strong><\/strong><\/p>\n\n\n\n<p>09: 00 &#8211; 17: 00<\/p>\n\n\n\n<p><strong><strong>Characteristics<\/strong><\/strong><\/p>\n\n\n\n<ol class=\"wp-block-list\">\n<li><strong><strong>Market execution<\/strong><\/strong>\uff1a\n<ul class=\"wp-block-list\">\n<li>Orders are split into smaller orders executed one by one in the open market. This reduces the impact of a single large trade on the market.<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li><strong><strong>Price Discovery<\/strong><\/strong>\uff1a\n<ul class=\"wp-block-list\">\n<li>Continuous Trading determines the price of each trade on a trade-by-trade basis through the open market price discovery mechanism, helping to maintain the authenticity and transparency of market prices.<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li><strong><strong>Shock Reduction<\/strong><\/strong>\uff1a\n<ul class=\"wp-block-list\">\n<li>Splitting reduces the instantaneous impact of large trades on market prices and minimizes the risk of significant price fluctuations.<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li><strong><strong>Real-time disclosure<\/strong><\/strong>\uff1a\n<ul class=\"wp-block-list\">\n<li>Each transaction is disclosed to the market immediately upon completion, ensuring market transparency and information symmetry.<\/li>\n<\/ul>\n<\/li>\n<\/ol>\n\n\n\n<p><strong><strong>Advantages and disadvantages of Continuous Trading<\/strong><\/strong>\uff1a<\/p>\n\n\n\n<div class=\"wp-block-columns is-layout-flex wp-container-core-columns-is-layout-28f84493 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\">\n<p><strong><strong>Advantages<\/strong><\/strong>\uff1a<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>High trading transparency and real-time information disclosure<\/li>\n\n\n\n<li>Reduces market price shocks by splitting trades<\/li>\n\n\n\n<li>Facilitates market price discovery<\/li>\n<\/ul>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\">\n<p><strong><strong>Disadvantages \uff1a<\/strong><\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Split trading may increase transaction costs and time<\/li>\n\n\n\n<li>Immediate disclosure may result in short-term market volatility.<\/li>\n<\/ul>\n<\/div>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Impact_of_Block_Trade_on_Investors\"><\/span><strong>Impact of Block Trade on Investors<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>The impact on investors can be examined from several perspectives, including market volatility, investor psychology, liquidity market confidence, etc. The following are some of the significant impacts:<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Market_Fluctuations\"><\/span><strong>Market Fluctuations<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Block Trade can trigger short-term volatility in the market, particularly in less liquid markets where investors are uncertain about the reasons for and the context of the trades. This adds to market instability.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Investor_psychology\"><\/span><strong>Investor psychology<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Block trades may trigger follow-on actions by other investors, especially when they are initiated by well-known investors or organizations. These actions may be easily interpreted as a sign of confidence in the market or a particular stock and affect investors&#8217; sentiment and confidence. This follow-on effect may further aggravate market volatility.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Liquidity\"><\/span><strong>Liquidity<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Block Trade can affect short-term liquidity in the market. For example, many sell orders may make it difficult to match buyers, resulting in a decline in liquidity. In the long term, if Block Trade occurs frequently, it may affect the structural liquidity of the market and change investors&#8217; trading strategies and behavior.<\/p>\n\n\n\n<div style=\"border: 1px black; border-style: solid none; text-align: center; border-color: #296580; padding: 24px; margin-top: 24px; margin-bottom: 24px;\">\n<p><strong>Want to know what kind of information Block Trade uses to build their portfolios?<\/strong><\/p>\n<p><strong>Click on the button below, and TEJ will show you the secrets!<\/strong><\/p>\n<div style=\"margin-top: 32px;\"><strong><a style=\"border: none; border-radius: 4px; background-color: #296580; color: white; font-size: 20px; width: fit-content; text-decoration: none; padding: 12px 30px 12px 30px;\" href=\"https:\/\/tejwin20260323.j.webweb.today\/en\/insight\/block-trade-strategy-achieves-performance-beyond-the-market-index\/\">TQuant Lab\u00a0 Block Trade Strategy<\/a>\u00a0<\/strong><\/div>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Where_does_Block_Trade_information_come_from_TEJ_organizes_it_for_you\"><\/span><strong>Where does Block Trade information come from? TEJ organizes it for you!<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p><strong><strong>Taiwan Stock Exchange (TWSE) &amp; Over-the-Counter Trading Center (TPEx)<\/strong><\/strong><\/p>\n\n\n\n<ol class=\"wp-block-list\">\n<li><strong>Immediate Disclosure<\/strong>\uff1a\n<ul class=\"wp-block-list\">\n<li>Broker-dealers conducting Block Trade after closing are required to report them immediately to the TWSE and TPEx. TWSE and TPEx typically require reporting within a few minutes after a trade is completed for the trade information to be included in the market data.<\/li>\n\n\n\n<li>TWSE &amp; TPEx updates trade information immediately so market participants can quickly understand the day&#8217;s Block Trade activity.<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li><strong>Daily Summary Report<\/strong>\uff1a\n<ul class=\"wp-block-list\">\n<li>At the end of each trading day, TWSE and TPEx publish a daily trade summary report that contains detailed information.<\/li>\n\n\n\n<li>These reports are essential for market transparency and investor decision-making.<\/li>\n<\/ul>\n<\/li>\n<\/ol>\n\n\n\n<p><strong><strong>Special Circumstances<\/strong><\/strong><\/p>\n\n\n\n<ol class=\"wp-block-list\">\n<li><strong>Delayed Disclosure<\/strong>\uff1a\n<ul class=\"wp-block-list\">\n<li>In exceptional circumstances, where sensitive information is involved, or there may be a material impact on the market, the parties to a transaction may apply for a delay in disclosure.<\/li>\n\n\n\n<li>This will require an application submitted to and approved by the relevant regulator (e.g., stock exchange or OTC). Once approved, the timing and conditions of the delayed disclosure will be strictly limited and regulated.<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li><strong>Compliance Requirements<\/strong>\uff1a\n<ul class=\"wp-block-list\">\n<li>All Block Trade must comply with the Taiwan securities market&#8217;s compliance requirements, including real-time reporting, legal trading, and adherence to market rules.<\/li>\n\n\n\n<li>Both parties must ensure that the transaction process is transparent and legal and cooperate with regulatory authorities promptly in their investigations and examinations.<\/li>\n<\/ul>\n<\/li>\n<\/ol>\n\n\n\n<p>TEJ has organized all the information for you. Just log in to TEJ PRO and click on the <strong>Listed Block Trade<\/strong> in the TEJ Stock Price Database to get all the relevant information for that day. The database will be updated every day before 10:00 p.m. A period condition query is also at the top, making it more convenient to filter the Block Trade information you want!<\/p>\n\n\n\n<figure class=\"wp-block-image aligncenter size-large is-resized\"><img decoding=\"async\" width=\"1024\" height=\"550\" src=\"https:\/\/tejwin20260323.j.webweb.today\/wp-content\/uploads\/\/\u9245\u984d\u4ea4\u6613\u5716\u7247-3-1024x550.jpg\" alt=\"Block Trade\" class=\"wp-image-25913\" style=\"width:858px;height:auto\" srcset=\"https:\/\/tejwin20260323.j.webweb.today\/wp-content\/uploads\/\u9245\u984d\u4ea4\u6613\u5716\u7247-3-1024x550.jpg 1024w, https:\/\/tejwin20260323.j.webweb.today\/wp-content\/uploads\/\u9245\u984d\u4ea4\u6613\u5716\u7247-3-300x161.jpg 300w, https:\/\/tejwin20260323.j.webweb.today\/wp-content\/uploads\/\u9245\u984d\u4ea4\u6613\u5716\u7247-3-150x81.jpg 150w, https:\/\/tejwin20260323.j.webweb.today\/wp-content\/uploads\/\u9245\u984d\u4ea4\u6613\u5716\u7247-3-768x413.jpg 768w, https:\/\/tejwin20260323.j.webweb.today\/wp-content\/uploads\/\u9245\u984d\u4ea4\u6613\u5716\u7247-3-1536x825.jpg 1536w, https:\/\/tejwin20260323.j.webweb.today\/wp-content\/uploads\/\u9245\u984d\u4ea4\u6613\u5716\u7247-3.jpg 1919w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">TEJ Pro Block Trade data<\/figcaption><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span><strong>Conclusion<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>For institutional investors and large capital managers. Block Trade allows buyers and sellers to transfer large quantities of securities at a negotiated price, thus accomplishing large-scale transactions without triggering sharp market fluctuations. Block Trade can be executed in two ways: matched trades and Continuous Trading, each with advantages and disadvantages.<\/p>\n\n\n\n<p>In Taiwan, the disclosure of Block Trade is handled by the Taiwan Stock Exchange (TWSE) and the Over-the-Counter Exchange (TPEx), which ensure market transparency and fairness by publishing timely trading information through their official websites and trading platforms. Investors should fully understand the characteristics and requirements of each trading method and select the appropriate strategy according to the specific situation to achieve optimal trading results.<\/p>\n\n\n\n<p>TEJ not only helps you to organize all kinds of high-quality information about Block Trade in history or on the same day but also provides backtests of various strategies to help you optimize your investment strategy, so you don&#8217;t have to spend time looking for comparative information everywhere and miss the perfect opportunity to invest. TEJ is your best choice for mastering financial data!<\/p>\n\n\n\n<div class=\"wp-block-buttons has-custom-font-size has-medium-font-size is-content-justification-center is-layout-flex wp-container-core-buttons-is-layout-a89b3969 wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button has-custom-width wp-block-button__width-100 has-custom-font-size is-style-fill\" style=\"font-size:22px\"><a class=\"wp-block-button__link has-white-color has-text-color has-background wp-element-button\" href=\"https:\/\/tejwin20260323.j.webweb.today\/databank-solution\/taiwan\/\" style=\"border-radius:20px;background:linear-gradient(135deg,rgb(224,195,78) 0%,rgb(72,187,148) 50%,rgb(51,97,181) 99%)\"><strong>Do you want to get hold of high-quality financial data quickly?<br>TEJ Database brings you the chance to explore the mystery of financial data<\/strong>!<\/a><\/div>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Further_Reading\"><\/span>Further Reading<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li>More Block Trade Legislation:\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/www.selaw.com.tw\/English\/LawArticle\/Index\/293090\" class=\"ek-link\" target=\"_blank\" rel=\"noopener\"><\/a><a href=\"https:\/\/www.selaw.com.tw\/English\/LawArticle\/Index\/293090\" class=\"ek-link\" target=\"_blank\" rel=\"noopener\">Taipei Exchange Regulations Governing Block Trading of TPEx-Listed Securities<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/www.selaw.com.tw\/Chinese\/RegulatoryInformationResult?lawId=39718\" class=\"ek-link\" target=\"_blank\" rel=\"noopener\"><\/a><a href=\"https:\/\/www.selaw.com.tw\/English\/LawArticle\/Index\/39718\" target=\"_blank\" rel=\"noopener\">Taiwan Stock Exchange Corporation Rules Governing Block Trading of Listed Securities<\/a><\/li>\n<\/ul>\n<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li>More on derivative strategies for Block Trade:\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/tejwin20260323.j.webweb.today\/en\/insight\/insider-transfers\/\" class=\"ek-link\">&#8220;Block Trades&#8221; as Warning Signals? Analyzing Insider Transfers and Changes in Stock Prices Using TEJ API<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/tejwin20260323.j.webweb.today\/en\/insight\/block-trade-strategy-achieves-performance-beyond-the-market-index\/\" class=\"ek-link\">Block Trade Strategy Achieves Performance Beyond The Market Index<\/a><\/li>\n<\/ul>\n<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li>More about TEJ Financial Data:\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/tejwin20260323.j.webweb.today\/en\/insight\/financial-data-sourcing-strategic-guide\/\" class=\"ek-link\">Mastering the Dynamics of Financial Data Sourcing: A Strategic Guide<\/a><\/li>\n<\/ul>\n<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Block Trade, a crucial element of the financial markets, refer to the buying and selling of securities in substantial single transactions. These trades, typically carried out by institutional or large investors, involve a multitude of stocks, bonds, or other financial instruments. Their staggering volume and value characterize them and are often conducted outside the open market to mitigate excessive impact on market prices. TEJ will guide you through this crucial aspect of the financial world.<\/p>\n","protected":false},"featured_media":25252,"template":"","tags":[3237,3016],"insight-category":[689],"class_list":["post-25911","insight","type-insight","status-publish","has-post-thumbnail","hentry","tag-financial-knowledge","tag-trading","insight-category-market-research"],"acf":[],"_links":{"self":[{"href":"https:\/\/tejwin20260323.j.webweb.today\/en\/wp-json\/wp\/v2\/insight\/25911","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tejwin20260323.j.webweb.today\/en\/wp-json\/wp\/v2\/insight"}],"about":[{"href":"https:\/\/tejwin20260323.j.webweb.today\/en\/wp-json\/wp\/v2\/types\/insight"}],"version-history":[{"count":7,"href":"https:\/\/tejwin20260323.j.webweb.today\/en\/wp-json\/wp\/v2\/insight\/25911\/revisions"}],"predecessor-version":[{"id":44006,"href":"https:\/\/tejwin20260323.j.webweb.today\/en\/wp-json\/wp\/v2\/insight\/25911\/revisions\/44006"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tejwin20260323.j.webweb.today\/en\/wp-json\/wp\/v2\/media\/25252"}],"wp:attachment":[{"href":"https:\/\/tejwin20260323.j.webweb.today\/en\/wp-json\/wp\/v2\/media?parent=25911"}],"wp:term":[{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tejwin20260323.j.webweb.today\/en\/wp-json\/wp\/v2\/tags?post=25911"},{"taxonomy":"insight-category","embeddable":true,"href":"https:\/\/tejwin20260323.j.webweb.today\/en\/wp-json\/wp\/v2\/insight-category?post=25911"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}