Trading Unit
Describes the size or the amount of the underlying asset represented by one option contract. In North America, all exchange-traded options have a trading unit of 100 shares.
Trailer Fee ...
Normal Trading Unit (NTU)
Standard minimum size of a trading unit for a particular security--more commonly referred to as a "round lot". Stocks typically have a normal trading unit of 100 shares.
Normal trading unit
See: Round lot.
Normalized earnings
Earnings that have been adjusted in order to take into account the effect of cycles in the economy.
Trading Unit
Number of shares, bonds, or commodities that is considered the normal unit of trading on an exchange. For stocks, it is usually a round lot (100 shares). For corporate bonds, it is usually $1,000 or $5,000 par value.
Trading Unit (finance term)
Round Lot (business term)
Normal Trading Unit (finance term)
odd lot ...
Trading unit
The number of shares of a particular security that is used as the acceptable quantity for trading on the exchanges.
Trading variation ...
Trading UnitsExpand/Collapse
Different par values make up trading units for the over-the-counter market.
See: Trading unit.
Unit trust
In the United Kingdom and other foreign markets, an open-end mutual fund.
United States Customs Service ...
Normal Trading Unit
The normal size of a securities order. A normal trading unit for shares is 100. Also called a round lot. Known as an odd lots where trade...(Read more)
Normalised Earnings
See 'adjusted earnings'....(Read more) ...
Derivatives traded at exchanges are standardized contracts having standard delivery dates and trading units. OTC derivatives are customized contracts that enable the parties to select the trading units and delivery dates to suit their requirements.
American Depositary Shares (ADS) A trading unit for the issuer in the U.S. that may represent more or less than one underlying share of the issuer. ADSs are issued in New York in registered form, are eligible for trading and clearing in the U.S.
A round lot has become a standard trading unit on the public exchanges for quite sometime ago.
A job lot refers to a particular contract that deals with smaller trading units than those outlined in a regular contract. This helps to create a market where smaller investors can participate along with the larger traders.
If a quoted market price is available, the fair value is the product of the number of trading units times that market price.
Exhibit 1 illustrates how a hierarchy of market risk limits might be implemented for a trading unit. A risk metric is selected, and risk limits are specified based upon this. Each limit is depicted with a cylinder.
A round lot is the normal trading unit for stocks and bonds on a securities exchange or market.
Option contracts are standardized, which means that nearly all options that are issued have to comply with specific rules regarding their lifetime, contract size, exercise price and trading unit.
Board lot - A regular trading unit that has uniformly been decided upon by stock exchanges.
Book value - The original amount paid for an investment plus reinvested income.
Job Lot - A futures contract with a minimum trading unit smaller than the levels required in regular contracts.
Jobber - A slang term for a market maker on the London stock exchange.
This is a securities trade made for less than the "normal trading unit" (Round Lot). In stock trading, any purchase or sale of less than 100 shares is generally considered an odd lot.
Open ...
Unit of trading
See: Trading unit.
Unit trust
In the United Kingdom and other foreign markets, an open-end mutual fund.
A quantity of securities that is less than a standard trading unit. Less than 100 shares of a common stock are considered an odd lot.
On the Sidelines ...
Odd-lot - Any exception to the standard trading unit of a security.
However the practicalities of trading systems make is common for there to be some minimum trading unit.
(1) A trading unit in a financial future; (2) An agreement between buyer and seller of a futures contract as defined by a commodities exchange or exchange clearinghouse.
Foreign Exchange.
Odd lot differential. An extra charge, usually 1/8 of a point, that dealers may add to purchases, and subtract from sales, when the order's share quantity is less than the standard trading unit or round lot.
Odd lot: Less than the usual trading unit of 100 shares of stock or 5 bonds.
 See also: Banks, Expense, Bills, Values, Saving
  
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