Bunching


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Bunching

Describes the act of traders combining round-lot orders for execution at the same time. Bunching can also be used to combine odd-lot orders to save the odd-lot differential for customers. Also used to refer to the pattern on the ticker tape when a series of trades for a security appear consecutively.

Bunch

To combine orders for a security for execution at the same time. A broker may bunch either odd-lot or round-lot orders, but only if all affected clients agree to it. Bunching may be particularly advantageous for odd-lotters (investors with orders for fewer than 100 securities) as it helps them to avoid extra fees they are otherwise charged.
References in periodicals archive ?
Die geometry influence in bunching process of steelcords (SC) will be found in the contribution (Wright, 201l; Tittel & Zelenay, 2009).
At the same time it was supposed that the better conditions of lubrication contribute to lower dies wear and also better surface quality of wire, which is very important for bunching.
Remark: Two indicators of workability were measured in bunching process (1st indicator was count of fractures per production quantity at the bunching of SC, 2nd indicator was quantity of produced wire which was separated into scrap because of too often fractures occurrence).