Round lot(100 shares) question......pls help!!!1?

Question

what is a round lot??

and how do we calculate round lot??

ex: the open price is 56.72..whts the round lot...and pls tell me how to calculate...

thankyou sooooo much for your help

Answer 1

A round lot is 100 shares of a stock, just as you say in your subject heading there.

If the price of the stock is $56.72, then the price of 100 shares would be $5672.00. You just multiply the cost times 100.

(Did you really not know how to figure that out?)

Answer 2

a round lot is a block of 100 shares.  to figure out how much buying a round lot would cost, multiply the price by 100.

Answer 3

A round lot is an even number of shares, such as a 100, 1000, 10000000 (etc.) deal.  And odd lot would be something like 2500 shares or something like that.

Answer 4

If the stock was asking say 10.25 the broke would buy at that price plus their commission. If you bought  an odd lot (less than 100 shares) they might tack on  a quarter point thus charging you 10.50 plus commission..

Odd lot trades 1-99 shares,round lots 100 shares blocks .

Lets say you wanted to purchase 250 shares of xyz the broker would buy 200 round lot price and the 50 at odd lot

price.