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.


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

  1. Round Lot

    A group of 100 shares of a stock, or any group of shares that ...
  2. Odd Lot

    An order amount for a security that is less than the normal unit ...
  3. Even Lot

    A normal unit of trading for securities or bonds. An even lot ...
  4. "A" Round Financing

    When startups pursue the next level of funding after seed capital, ...
  5. Job Lot

    A futures contract with a minimum trading unit smaller than the ...
  6. Rounding Top

    A chart pattern used in technical analysis which is identified ...
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