Round lot

A round lot (or board lot) is a normal unit of trading of a security, which is usually 100 shares of stock in US.^[1] Each stock exchange has its own regulations regarding round lot sizes: they can range anywhere from 1-100 shares, depending on the exchange.^[2] Any quantity less than this normal unit is referred to as an odd lot.

See also

• Odd lot
• Odd lotter

References

0.00 (0 votes) Original source: https://en.wikipedia.org/wiki/Round lot. Read more