Odd Lotter

Odd Lotter

An individual investor who buys securities, usually stocks, in odd lots. This is the opposite of someone who buys securities in round lots.

Notes:

A round lot is 100 stocks therefore, someone buying any number that is not a multiple of 100 would be considered an odd lotter.

See also: Block Trade, Bunching, Odd Lot, Odd Lot Theory, Round Lot, Security, Stock