Personal Finance & Money Asked on January 30, 2021
I just checked live Bid/Ask Quotes for XPeng Inc (XPEV) in Nasdaq website and i notice that there are lot of 100 volume trades. Also i chekced other stocks and they also have same trades of 100 volume.
Does anyone know why is this happeing?
https://www.nasdaq.com/market-activity/stocks/xpev/latest-real-time-trades
An Odd Lot is a number of shares less than 100.
A Round Lot is 100 shares of stock and any number of shares that is a multiple of 100 is a round lot.
An order for a number of shares greater than 100, but not a multiple of 100 is called a Mixed Lot.
You can trade any number of shares that you like but odd lot orders are not posted to the bid/ask data on exchanges (NBBO) and they are not reported on most public data feeds.
Answered by Bob Baerker on January 30, 2021
Get help from others!
Recent Answers
Recent Questions
© 2024 TransWikia.com. All rights reserved. Sites we Love: PCI Database, UKBizDB, Menu Kuliner, Sharing RPP