The following is the opening paragraph of a Bloomberg Businessweek story published on March 25, 2010 (http://www.businessweek.com/news/2010-03-25/fsa-probe-is-saidto-focus-on-front-running-of-block-trades.html):
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The following is the opening paragraph of a Bloomberg Businessweek story published on March 25, 2010 (http://www.businessweek.com/news/2010-03-25/fsa-probe-is-saidto-focus-on-front-running-of-block-trades.html):
March 26 (Bloomberg)—Britain’s financial regulator is examining whether some of the seven people arrested in an insider-trading probe engaged in the front-running of block trades, a person with direct knowledge of the case said.
a. What is meant by a block trade?
b. What is meant by “front-running of block trades”?
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Related Book For 
The Theory And Practice Of Investment Management
ISBN: 9780470929902
2nd Edition
Authors: Frank J Fabozzi, Harry M Markowitz
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