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
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.