A trade in the multiple of 100 shares is called a (n):
A) round lot
B) odd lot
C) block trade
D) none of the above

Name: A trade in the multiple of 100 shares is called a (n): A) round lot B) odd lot C) block trade D) none of the above
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A trade in the multiple of 100 shares is referred to as a round lot. This is because in the past trading was done in units of 100 shares and it became the standard trading size.

A Trade in the Multiple of 100 Shares Is Called