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Board Lot

A unit pack (lot) of shares the size of which varies according to the price of a share. It is...

Order Consolidation

The process of grouping large orders together rather than allocating these orders up front. In other words, it involves combining...

Round Lot

A unit pack (lot) of shares the size of which varies according to the price of a share. It is...

Odd-Lotter

An investor who buys and sells securities in amounts smaller than a round lot. An odd-lotter is typically a small...

Even Lot

An order to buy or sell a security (stock, bond, etc.) in a standard amount- i.e., a multiple of the...

Round Lot

An order to buy or sell a security (stock, bond, etc.) in a standard amount- i.e., a multiple of the...