Odd Lotter

AAA

DEFINITION of 'Odd Lotter'

An individual investor who buys securities, usually stocks, in odd lots. This is the opposite of someone who buys securities in round lots.

INVESTOPEDIA EXPLAINS 'Odd Lotter'

A round lot is 100 stocks; therefore, someone buying any number that is not a multiple of 100 would be considered an odd lotter.

RELATED TERMS
  1. Block Trade

    An order or trade submitted for sale or purchase of a large quantity ...
  2. Lot

    In general, any group of goods or services making up a transaction. ...
  3. Odd Lot

    An order amount for a security that is less than the normal unit ...
  4. Odd Lot Theory

    A technical analysis theory/indicator based on the assumption ...
  5. Round Lot

    A group of 100 shares of a stock, or any group of shares that ...
  6. Bunching

    The combining of odd-lot or round-lot orders for the same security ...
Related Articles
  1. Stock Basics Tutorial
    Investing Basics

    Stock Basics Tutorial

  2. The Five Biggest Stock Market Myths
    Investing Basics

    The Five Biggest Stock Market Myths

  3. How A Limited Government Affects A Country's ...
    Economics

    How A Limited Government Affects A Country's ...

  4. Alibaba's Top Competitors
    Investing News

    Alibaba's Top Competitors

Hot Definitions
  1. Debit Spread

    Two options with different market prices that an investor trades on the same underlying security. The higher priced option ...
  2. Leading Indicator

    A measurable economic factor that changes before the economy starts to follow a particular pattern or trend. Leading indicators ...
  3. Wage-Price Spiral

    A macroeconomic theory to explain the cause-and-effect relationship between rising wages and rising prices, or inflation. ...
  4. Accelerated Depreciation

    Any method of depreciation used for accounting or income tax purposes that allows greater deductions in the earlier years ...
  5. Call Risk

    The risk, faced by a holder of a callable bond, that a bond issuer will take advantage of the callable bond feature and redeem ...
  6. Parity Price

    When the price of an asset is directly linked to another price. Examples of parity price are: 1. Convertibles - the price ...
Trading Center