Round lot(redirected from Round-Lot)
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2. $1,000 or $5,000 in bonds.
Most trading takes place in multiples of round lots.
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.