What is odd lot?Odd Lot
A number of shares smaller than one lot. In many markets you can only buy whole lots, and odd lots have to be traded in special sessions or markets, or can only be sold.
Learn “odd lot” in an animated lesson
- China A-Share Rules100-Share Lots and Trading Costs
A-share purchases must be in multiples of 100 shares; every trade pays commission and a transfer fee, sells also pay stamp duty, and minimum commissions make small trades expensive.
- Hong Kong Stock RulesDifferent Lot Sizes and Odd Lots
Each Hong Kong stock sets its own lot size, from 100 shares to several thousand; the minimum cost of one lot is the share price times the lot size.
- Taiwan Stock Rules1,000-Share Lots and Odd-Lot Trading
Taiwan stocks normally trade in lots (zhang) of 1,000 shares; if you can't afford a whole lot, you can buy odd lots share by share, but they trade differently and more slowly.
Related terms
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Go to “100-Share Lots and Trading Costs”