|Odd lot dealer|
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Definition of Odd lot dealer
Odd lot dealer
A broker who combines odd lots of securities from multiple buy or sell orders into round lots
An entity that stands ready and willing to buy a security for its own account (at its bid price) or sell
A person or firm in the financial asset business who buys for his or her own account and then resells to customers, in contrast to a broker, who buys only on behalf of a customer.
Overnight, collateralized loan made to a dealer financing his position by borrowing from a
A market where traders specializing in particular commodities buy and sell assets for their
Over-the-counter options, such as those offered by government and mortgage-backed
A firm or individual that buys foreign exchange from one party and then sells it to
Fixed-income securities may be purchased on dates
A trading order for less than 100 shares of stock. Compare round lot.
A trading order typically of 100 shares of a stock or some multiple of 100. Related: odd lot.
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