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An odd lot refers to an order amount for a security that is less than the normal unit of trading for an asset, which is typically 100 shares for stocks.
Interdealer broker BGC Partners recently rolled out BGC Trader Label Only Trading System (LOTS)—based on the broker’s BGC Trader offering—allowing the firm’s trading desks and clients to more rapidly ...
The greater the lot size, the more money you’ll need to put down or leverage you’ll need to use – and the greater each pip movement will be magnified. A one-pip movement is worth the following ...
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