What is the meaning of Odd-lot dealer?

Odd-lot dealer is a broker who combines odd lots of securities from multiple buy or sell orders into round lots and executes transactions in those round lots.

4
 
|15 years ago|477 views|share |citing 
APABarry Goldsmith. (2010). odd-lot dealer. Retrieved September 25, 2026, from http://smartdefine.org/odd-lot_dealer/definitions/1159502
ChicagoBarry Goldsmith. 2010. "odd-lot dealer" http://smartdefine.org/odd-lot_dealer/definitions/1159502 (accessed September 25, 2026).
HarvardBarry Goldsmith 2010, odd-lot dealer, Smart Define, viewed 25 September, 2026, <http://smartdefine.org/odd-lot_dealer/definitions/1159502>.
MLABarry Goldsmith. "odd-lot dealer" 21 October 2010. Web. 25 September 2026. <http://smartdefine.org/odd-lot_dealer/definitions/1159502>