Round Lot

In trading, the term “round lot” denotes a standard amount of securities. Each stock exchange has its own definition for a round lot, and the number of securities in a round lot also changes depending on the security in use. For example, an exchange may consider a group of 100 shares to be a round lot. A lot which contains less or more securities than can be evenly divided into standard round lots is referred to as an odd lot.

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