Round lot

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Round lot

A trading order typically of 100 shares of a stock or some multiple of 100. Related: odd lot.

Round Lot

1. 100 shares of a stock or other security.

2. $1,000 or $5,000 in bonds.

Most trading takes place in multiples of round lots.

round lot

The standard unit of trading in a particular type of security. For stocks, a round lot is 100 shares or a multiple thereof, although a few inactive issues trade in units of 10 shares. For corporate, municipal, and government bonds, a round lot is usually considered to be $100,000 of principal amount of securities per trade. Customers involved in securities transactions in lots other than round lots are often penalized somewhat because the trades require more broker and dealer effort. Also called even lot, lot, normal trading unit. Compare odd lot.

Round lot.

A round lot is the normal trading unit for stocks and bonds on an organized securities exchange or market, also called a trading platform.

For example, shares of stock traded in multiples of 100 are typically considered round lots, as are bonds with par values of $1,000 and $5,000.

References in periodicals archive ?
Trading in round lots of one share is a European standard, and its adoption is expected to further increase the efficiency of securities trading.
While buying in round lots of 100 is cheaper commission-wise, purchasing odd lots is hardly the taboo many claim.
The option saw the majority of this activity change hands during the first hour of trading in several round lots between 100 and 500 contracts.
The measure is expected to further broaden Lakeland's shareholder base by making the stock more affordable for individual investors who prefer purchasing stock in round lots and this dividend will further increase the number of shares issued and outstanding, which management believes will aid in increased liquidity and trading volume.
The TIERS will be quoted and traded as a stock, issued in round lots of 100 shares.
The stock split is expected to further broaden Great Basin's shareholder base by making the stock more affordable for individual investors who prefer purchasing stock in round lots.
HOLDRS can only be traded, issued and cancelled in round lots of 100 HOLDRS.
IFK will be quoted and traded as an equity, issued in round lots of 100.
With a $25 par value, 100 share round lots are easy for the individual investor to afford.
SDP will be quoted and traded as an equity issue in round lots of 100, and will trade "flat" without accrued interest
Shares submitted by participating shareholders will be gathered in round lots and sold in the over-the-counter market within the week the shares are accepted in good order by American Stock Transfer & Trust Co.
Investors may buy and sell the receipts in round lots of 100 shares, just as they would any stock.