answersLogoWhite

0


Best Answer

Because most stocks are sold in "blocks" of 100 shares (rarely more or fewer), a transaction of fewer than 100 shares is called an "odd lot". This can also be applied to trades that are not in strict multiples of 100 shares. The commission applied to such trades is often larger, or a greater percentage than for trades in 100 multiples.

User Avatar

Wiki User

14y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What is a transaction of less than 100 shares?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What is less than 100 shares of stock called?

An odd lot


What is efficiency always less than?

It is always less than 1 or 100%.It is always less than 1 or 100%.It is always less than 1 or 100%.It is always less than 1 or 100%.


Is 34 less than 100?

Yes,it is less than 100.


What is 50 more than 100 and is 100 less than?

50 more than 100 is 150. 100 less than what? You didn't finish.


What is a Percant less than 100?

99 is 1% less than 100 .


Is 4.545454 less than 100 but greater than 10?

No, it is less than 10 and 100.


Is 100 less than 352 and 100 more than?

100 is less than 352. The rest of your question is unfinished!


Is -10 greater or less than 100?

-10 is 110 less than 100.


What is true of an index it must be larger than a 100?

No, it does not. It the quantity being measured is less than it was in the base period, ten the index will be less than 100.No, it does not. It the quantity being measured is less than it was in the base period, ten the index will be less than 100.No, it does not. It the quantity being measured is less than it was in the base period, ten the index will be less than 100.No, it does not. It the quantity being measured is less than it was in the base period, ten the index will be less than 100.


How many primes are less than 100?

There 25 primes less than 100: 2,3,5,7,11,13,17,19,23,29,31,37,41,43,47,53,59,61,67,71,73,79,83,89,97.


What is the largest palindrome less than 100?

99 is the largest palindrome less than 100.


Is 593 by 6 a little less than 10 or a little more than 10 or a little less than 100 or a little more than 100?

It is a little less than 100 because 593 by 6 is 98 R 5 so it has to be a little less than 100