Sentence examples for round lot from inspiring English sources
noun
A block of shares of stock that is a multiple of some number, usually 100
The minimum trade is for a face value amount of $25,000, typical for a round lot of munis.
A round lot of Telecom Holdrs, for example, has 27 shares of SBC Communications, 25 of AT&T, 8 of GTE, 6 of Sprint and so on.
The weekly ratio can be calculated from the "round lot report," found by entering those words in the search box of the exchange's Web site, www.nyse.com (in the search results, look for a document titled "roundlots.html").html
A round lot of Telecom Holdr's, for example, represents 27 shares of SBC Communications, 22 of MCI WorldCom, 6 of Level 3 Communications and one of NTL, among other stocks.
Lastly, although they can carry price tags of more than $20,000, plus commission, for a round lot, Holdrs are otherwise cheap to own: Merrill charges an annual fee of just 8 cents a share, taken out of dividends.
Contrary to expectation, odd lot investors are paying higher prices than round lot investors.
The Holdrs are traded on the American Stock Exchange in round lots of 100 shares, each lot representing a set amount of stock in the component companies.
So I asked round lots of friends, like Anna Wintour, and they all said: "Make a professional decision for the first time in your life, Amanda", and I did.
The securities, which may be traded only in round lots of 100, each represent specific shares of 20 underlying companies in a sector.
We argue that reducing the minimal trading unit in the round lots market would benefit investors.
They racket around the kitchen table as mom's laptop bags her order for two round lots of IBM and a side order of Microsoft.
