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 ?
A round lot of shares in SeaNet, whose short name is SEAN, amounts to 1000 and the company is included in the Telecommunication Services sector.
All round lot shareholders (those with 100 shares or more prior to the split) will at a minimum have 100 shares after the split.
Third, whether you pay more for the odd lot or less for the round lot, you will have to pay the broker for each transaction.
A round lot of shares in Endomines, whose short name is ENDO, amounts to 400 and the company is included in the Materials sector.
In fact, purchasing 50 shares of a $20 stock at Charles Schwab will cost you roughly $47 in commissions, versus a $55 outlay for a round lot of 100 shares--a difference hardly worth fretting over.
A round lot of shares in Svenska Capital Oil, whose short name is COIL, amounts to 2000 and the company is included in the Energy sector.
First Investors Financial Services has reported that it received a letter from Nasdaq dated November 16, 2004, indicating that Nasdaq is reviewing the Company's eligibility for continued listing on The Nasdaq National Market as a consequence of failure to meet the minimum 400 round lot shareholder requirement of Marketplace Rule 4450(a)(4).