Can tell me which online broker allow me to buy odd lot share, say 10-20 shares only instead of 100 ?
1 Lot = 100 shares right?
buying in odd lot?, which online broker?
buying in odd lot?, which online broker?
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May 13 2008, 03:26 PM, updated 18y ago
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#1
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Junior Member
491 posts Joined: Feb 2005 From: Cheras LRT |
Can tell me which online broker allow me to buy odd lot share, say 10-20 shares only instead of 100 ?
1 Lot = 100 shares right? |
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May 13 2008, 03:31 PM
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#2
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All Stars
17,053 posts Joined: Jan 2003 |
i think you should ask who would sell you their share of odd lot
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May 13 2008, 06:01 PM
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#3
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Senior Member
3,037 posts Joined: Jun 2007 |
QUOTE(Darkmage12 @ May 13 2008, 03:31 PM) Actually a lot of people have shares which are stuck in odd-lots due to share exercises when they are holding their shares.Share dividends like YTLPOWR which states that 1 dividend share for every 25 shares held. Unless you have 2500 shares or its multiple, you will get odd lots. Even bonus issues have the tendency of making odd lots. The best way to trade odd-lots is to call your broker because the charges are different. OSK can opt to view all the odd-lots available for a particular counter with buy and sell price. Odd-lots do not follow market prices it seems. |
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May 13 2008, 09:19 PM
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#4
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All Stars
17,053 posts Joined: Jan 2003 |
QUOTE(skiddtrader @ May 13 2008, 06:01 PM) Actually a lot of people have shares which are stuck in odd-lots due to share exercises when they are holding their shares. yes that's why you need to find someone who has those odd lots....besides odd lots are trading at times several times the market price Share dividends like YTLPOWR which states that 1 dividend share for every 25 shares held. Unless you have 2500 shares or its multiple, you will get odd lots. Even bonus issues have the tendency of making odd lots. The best way to trade odd-lots is to call your broker because the charges are different. OSK can opt to view all the odd-lots available for a particular counter with buy and sell price. Odd-lots do not follow market prices it seems. |
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