Odd Lotter

What does it mean?
An individual investor who buys securities, usually stocks, in odd lots. This is the opposite of someone who buys securities in round lots.

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

Related Links
Stock Basics Tutorial - If you're new to the stock market and want the basics, this is the tutorial for you!

Related Terms
Block Trade | Bunching | Odd Lot | Odd Lot Theory | Round Lot | Security | Stock

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