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 ?
The specific share amounts underlying each round-lot of 100 Telecom HOLDRS and Pharmaceutical HOLDRS, respectively, are set forth in the charts below.
The specific share amounts underlying each round-lot of 100 Internet HOLDRs are set forth in the chart below.
CMSS will accumulate the common shares of participating shareholders and, beginning on or after January 2, 1996, sell such shares in round-lots in the open-market.
CMSS will accumulate the FCX Class A and Class B common shares of participating shareholders and sell such shares in round-lots in the open-market.
CMSS will accumulate the FCX Class A and FCX Class B common shares of participating shareholders and sell such shares in round-lots in the open-market.