How to determine the price of block trade or how to determine the price of block trade?

1. The price of a block trade is negotiated by the buyer and the seller, and a certain discount is given on the basis of the market price. The specific price should be negotiated specifically. The price is determined by inquiry and bidding:

(1) Inquiry: QFII, as the respondent, directly submits its trading intention to the intermediary agency of the sponsor institution, and negotiates the trading quantity and price with it. Members entrusted by ordinary investors shall submit relevant materials (including account, name, securities, purchase intention, contact information, etc.). ) Respond to the sponsor intermediary in the form of intermediary, and negotiate the buying and selling quantity and price with the sponsor intermediary on its behalf.

(2) Bidding: The sponsor's intermediary agency announces the reserve price for the sale of shares and accepts the trading intentions submitted by the respondent in the order of price. Members entrusted by ordinary investors shall submit relevant materials (including account, name, securities, purchase intention, contact information, etc.). ) Respond to the sponsor intermediary in the form of intermediary, and bid to the sponsor intermediary on its behalf.

2. Block trading, also known as block trading, refers to a transaction in which a single transaction of securities reaches the prescribed minimum, the buyer and the seller reach an agreement through agreement, and the transaction is confirmed by the exchange. Specifically, each exchange has a clear definition of block trade in its trading system or in its commodity trading system, and they are different.