SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Dell Technologies Inc. -- Ignore unavailable to you. Want to Upgrade?

To: JBird77777 who wrote (52712)7/20/1998 10:53:00 PM
From: Tweaker  Respond to of 176387
 
Round lots made it easy to count your money before everyone had computers. An odd lot used to cost 1/4 point more than a round lot. In those days, 12 million shares traded was a big day for the NY stock exchange.

Phil



To: JBird77777 who wrote (52712)7/21/1998 12:59:00 PM
From: 4 - Bob  Respond to of 176387
 
<<There used to be a price and/or commission advantage in buying stocks in round lots (multiples of 100). This is no longer the case, but many investors may think that it still is.>>

The additional leverage of also being able to trade, hedge or exercise options on 100 shares of a $70 (post split) optionable stock vs not being able to on 50 shares of that same $140 (pre split) optionable stock is another factor that favors round lots & splits.

4-Bob



HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News