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Round lot |
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Round lotIn the US, this refers to the normal trading unit on a securities exchange. A round lot on the New York Stock Exchange is $100 for shares and $1,000 face value for a bond.Round lotA trading order typically of 100 shares of a stock or some multiple of 100. Related: odd lot.Round lot Similar MatchesWraparoundWraparoundA financing device that permits an existing loan to be refinanced and new money to be advanced at an interest rate between the rate charged on the old loan and the current market interest rate. The creditor combines or "wraps" the remainder of the old loan with the new loan at the intermediate rate. Day around orderDay around orderA day order that supersedes (cancels and ../../finance-glossary/s) the previous order by altering its size or price limit. RoundRoundSee trade round. All inclusive Trust Deed (wrap around mortgage)All inclusive Trust Deed (wrap around mortgage)A financing technique which involves the creation of a new trust deed which includes the balance due on the existing note plus any new funds advanced. Super Designated Order Turnaround SystemSuper Designated Order Turnaround SystemThe system that transmits New York Stock Exchange (NYSE) member firms' market and day limit orders, up to specified sizes in virtually all listed stocks, through the common message switch to the proper trading floor workstation. Specialists receiving orders through SuperDot execute them in the trading crowd at their posts, as quickly as market interest and activity permit, and return reports to the originating firm's offices via the same electronic circuit that brought them to the floor. Super-Dot can handle daily volume exceeding 2 billion shares. Further SuggestionsDoha RoundUruguay Round Down round Unpaid ground rent charge Turnaround time Wraparound mortgage Second round Round trip trade Wraparound annuity Around us Kennedy Round Tokyo Round Ground lease Round trip transactions costs Wrap Around Mortgage Wraparound mortgage Turnaround Designated order turnaround system (DOT) Tokyo Round Codes ground rent Ground rent Round turn round trip Millennium Round Dillon Round |
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