On a particular day,there were odd-lot sales of 805,000 on the TSX and 948,000 odd-lot purchases.The odd-lot trading index is __________.

Question

Quizplus · Accepted Answer

The odd-lot trading index is calculated as the ratio of odd-lot sales to odd-lot purchases. Here, it is 805,000 / 948,000 = 0.849, which rounds to 0.85. However, the closest option provided is 1.18, which seems to be a mistake in the options.

On a Particular Day,there Were Odd-Lot Sales of 805,000 on the TSX