What Do You Mean By Odd Lot And Board Lot?

1.	What Do You Mean By Odd Lot And Board Lot?
Answer» In Exchanges EVERY Security traded in lot e.g. lot of 1, 10 or 100 or 1000. These are called Board lots and while placing order CLIENTS need to send Order QUANTITY multiple of Board lot. If Clients SENDS any Order which is not a multiple of Board lot then its called ODD lot. In Exchanges every Security traded in lot e.g. lot of 1, 10 or 100 or 1000. These are called Board lots and while placing order clients need to send Order quantity multiple of Board lot. If Clients sends any Order which is not a multiple of Board lot then its called Odd lot.

Answer»

In Exchanges EVERY Security traded in lot e.g. lot of 1, 10 or 100 or 1000. These are called Board lots and while placing order CLIENTS need to send Order QUANTITY multiple of Board lot. If Clients SENDS any Order which is not a multiple of Board lot then its called ODD lot.

In Exchanges every Security traded in lot e.g. lot of 1, 10 or 100 or 1000. These are called Board lots and while placing order clients need to send Order quantity multiple of Board lot. If Clients sends any Order which is not a multiple of Board lot then its called Odd lot.

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