A round lot is
A)100 shares.
B)10 shares.
C)1,000 shares.
D)an even number group of shares.

Question

Quizplus · Accepted Answer

A round lot is typically defined as 100 shares of stock. This is a commonly used unit for buying and selling shares of stock, particularly for individual investors. Other units, such as odd lots (less than 100 shares) and mixed lots (a combination of whole and partial lots), may also be used in certain situations. However, 100 shares is the most commonly used unit for round lots.

A Round Lot Is