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odd-lot orders



 
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odd-lot orders #1 (permalink) Mon Feb 21, 2011 9:55 am   odd-lot orders
 

Business English Lesson, Advanced Level

ESL/EFL Test #389 "Odd-lot Orders", question 1

Where a person gives, either for his own account or for various accounts in which he has an actual monetary interest, buy or sell odd-lot orders which aggregate 100 shares or more, such orders shall, as far as possible, be consolidated into .........-lot units.

(a) common
(b) full
(c) job
(d) whole

Business English Lesson, Advanced Level

ESL/EFL Test #389 "Odd-lot Orders", answer 1

Where a person gives, either for his own account or for various accounts in which he has an actual monetary interest, buy or sell odd-lot orders which aggregate 100 shares or more, such orders shall, as far as possible, be consolidated into full-lot units.

Correct answer: (b) full
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What are lot orders?
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odd-lot orders #2 (permalink) Mon Feb 21, 2011 10:41 am   odd-lot orders
 

Not 'lot orders' - odd-lot or full-lot orders.
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