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A round lot is the normal trading unit for stocks and bonds on an organized securities exchange or market, also called a trading platform.
For example, shares traded in multiples of 100 are typically considered round lots, as are bonds with par values of $1,000 and $5,000.
- Browse Related Terms: Arbitrage, Balance of trade, Decimal pricing, Downtick, Efficient market, Moving average, Odd lot, Round lot, Xenocurrency