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Odd-Lot Order

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Odd-Lot Order
An order to buy or sell fewer than 100 shares of a security. Most securities are traded in sets of 100, which are called round lots. An odd lot order may be difficult to fill because, for example, a broker trying to buy 36 shares may have a hard time finding another broker selling 36 shares or one selling 100 shares who is willing to partially fill the order with those 36. See also: Odd-lotter.


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Under the terms of the agreement, the new firm will operate as BrokerageAmerica (BA) and provide the combined retail customer base with BA's unique value proposition - commission-free online market orders, rebates on every equity trade and $5 limit and odd-lot orders - along with access to the rich suite of investment-related products and services found at www.
Under the terms of the agreement, the new firm will operate as BrokerageAmerica (BA) and provide the combined retail customer base with BA's unique value proposition - commission-free online market orders, rebates on every equity trade and $5 limit and odd-lot orders - along with access to the rich suite of investment-related products and services found at www.
 
 
 
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