Odd Lot Trade

Odd Lot Trade
   A block of securities or commodities that is smaller or larger than the standard lot size traded in that market. The price can vary from the current market value.

Financial and business terms. 2012.

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  • odd-lot theory — The theory that profits can be made by making trade contrary to odd lot trading patterns, since odd lot investors have poor timing. This theory is no longer popular. Bloomberg Financial Dictionary …   Financial and business terms

  • Odd lotter — For other uses, see Odd lot (disambiguation). An odd lotter is an investor who purchases shares or other securities in small or unusual quantities. Stocks are typically traded in increments of 100 shares, a quantity known as a round lot or board… …   Wikipedia

  • Odd job — Job Job (j[o^]b), n. [Prov. E. job, gob, n., a small piece of wood, v., to stab, strike; cf. E. gob, gobbet; perh. influenced by E. chop to cut off, to mince. See {Gob}.] [1913 Webster] 1. A sudden thrust or stab; a jab. [1913 Webster] 2. A piece …   The Collaborative International Dictionary of English

  • Mixed Lot — A type of order for a number of securities that is not a round (or whole) lot order amount. This type of order is comprised of a round lot order and an odd lot order. A round lot is the exchange established trading unit, which defines the… …   Investment dictionary

  • round lot — noun 1. : a lot of 100 or a multiple of 100 shares of active stock traded on an exchange 2. : a lot of 10 or a multiple of 10 shares of a few designated inactive stocks traded on an exchange compare odd lot * * * Stock Exchange. 1. the… …   Useful english dictionary

  • Even Lot — A normal unit of trading for securities or bonds. An even lot purchase of stock is 100 shares, while an even lot purchase for bonds is five shares. A stock transaction that involves less than 100 shares is considered an odd lot and may incur… …   Investment dictionary

  • Nanban trade — For the Indian film, see Nanban (film). History of Japan The Samurai Hasekura Tsunenaga in Rome in 1615, Coll. Borghese, Rome. Paleolithic 35,000–14,000 BC Jōmon period 14,000–300 BC …   Wikipedia

  • Job lot — Job Job (j[o^]b), n. [Prov. E. job, gob, n., a small piece of wood, v., to stab, strike; cf. E. gob, gobbet; perh. influenced by E. chop to cut off, to mince. See {Gob}.] [1913 Webster] 1. A sudden thrust or stab; a jab. [1913 Webster] 2. A piece …   The Collaborative International Dictionary of English

  • Board Lot — A standardized number of shares defined by a stock exchange as a trading unit. In most cases, this means 100 shares. The purpose of a board lot is to avoid odd lots and to facilitate easier trading. It s more difficult for a broker to find a… …   Investment dictionary

  • security — /si kyoor i tee/, n., pl. securities, adj. n. 1. freedom from danger, risk, etc.; safety. 2. freedom from care, anxiety, or doubt; well founded confidence. 3. something that secures or makes safe; protection; defense. 4. freedom from financial… …   Universalium

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