Frequently Asked Questions

There are 3 different types of Lot Sizes:

• Board Lots
• Odd Lots
• Mixed Lots

Board lot:

A Board Lot is a quantity of shares that is equal to or a multiple of a set figure that is set by each exchange.

For example, if ABC Plc only allows trades to be placed in lots of 500, then only multiples of 500 can be traded (500, 1,000, 1,500, 2,000).

Odd lot:

An Odd Lot is a number of shares that are less than the board lot, for example, 436 shares when ABC Plc trades in lots of 500.

Mixed lot:

A Mixed lot is the amount of shares that exceeds one board lot but is not enough to meet the next level.

For example 762 shares when ABC Plc trades in lots of 500 (one board lot of 500 + one odd lot of 262 = a mixed lot of 762).

Lots on the Australian Market

There are no lots sizes on the Australian Market

Lots on the Hong Kong Market

Refer to page: www.hkex.com.hk for more information.

• All purchases must be made in board lots. Any orders for mixed o odd lots will be rejected
• All mixed and odd lot purchase lots will be rejected
• Sales can be placed in mixed and odd lots
• The sale of an odd lot will be made in the end of day auction which could affect the price
• In the case of mixed lots, the available board lot will be traded with the remainder treated as an odd lot.

Lots on the Singapore Market

Singapore stocks can only be traded in lots of 1,000

Lots on the US and Canadian Markets

On the Venture Exchange, orders outside the Lot size (odd lots, mixed lots) will incur a premium or discount.

This means you may not get a full fill because of a limit price, or you have may to pay more per share for the mixed lot.