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Definition of Odd lot
A trading order for less than 100 shares of stock. Compare round lot.
A broker who combines odd lots of securities from multiple buy or sell orders into round lots
A trading order typically of 100 shares of a stock or some multiple of 100. Related: odd lot.
Fixed-income securities may be purchased on dates
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
When the Fed offers to buy securities, to sell securities, to do repo, or to do reverses, it solicits
Costs of completing a transaction, including commissions, market impact
Procedure by which the Long or short position of an individual is offset by an opposite
Securities bought and sold for settlement on the same day. Also, when a firm that has been
Time available or needed to effect a turnaround.
Economic activity not observed by tax collectors and government statisticians.
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