odd lot

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odd lot

n.
A quantity that differs from a standard trading unit, especially an amount of stock of fewer than 100 shares.

odd′-lot′ adj.

odd lot

n
1. (Commerce) a batch of merchandise that contains less than or more than the usual number of units
2. (Stock Exchange) stock exchange a number of securities less than the standard trading unit of 100

odd′ lot′


n.
1. a quantity or amount less than the conventional unit of trading.
2. (in a stock transaction) a quantity of stock less than 100 shares.
[1895–1900]
odd′-lot′, adj
odd′-lot′ter, n.
Translations
Mentioned in ?
References in classic literature ?
He was a lean tobacco-chewing New Englander, the one daring spirit in his family that had heard and answered the call of the West shouting through the Mount Desert back odd-lots.
Dyl and Maberly (1992) observe different behavior of individual investors in purchases and sales of odd-lots on the NYSE prior to the Christmas and New Years Day holidays but did not investigate investor behavior around other holidays.
Technical indicators of individual investor behavior using odd-lot short selling have been widely studied.
Daily odd-lot short selling is examined for the period 1970 through 1995 using a generalized autoregressive conditional heteroscedatic (GARCH) model.
Neither the day of the week effect nor the turn of the year effect were statistically significant, and odd-lot short sales were not related to the previous day's price change.
Technical trading rules based upon odd-lot short sales assume that the trades are being done by unsophisticated individual investors.
ex24 ATS Order Books are open 24/7 for Members to trade odd-lots of 1-99 shares anonymously with other members.
TORONTO -- DataMirror(R) (TSX:DMC)(NASDAQ:DMCX), today announced that, based on initial reports as to the response to the Company's substantial issuer bid, it will purchase for cancellation a total of 2,000,000 common shares (subject to increase to avoid the creation of odd-lots as a result of proration) pursuant to its offer to purchase dated February 11, 2005; at a purchase price of $10.
Stockholders who become odd-lot holders after the commencement of the tender offer will be eligible for this purchase priority and may complete the box labeled "Odd-lots" on the letter of transmittal.
Nasdaq:FFBI) announced today that it has revised the terms of the priority being given to odd-lot holders in its previously announced self-tender offer.
Many Echelon stockholders received odd-lots in connection with the spin-off from Florida Progress Corporation (NYSE: FPC) in December 1996.
Shareholder Communications Corporation, a specialist in the design and implementation of odd-lot programs, will administer and manage the program for the Company and expects to mail program materials to stockholders by November 12, 1997 based on their holdings as of November 6, 1997.