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Glossary Term: UNIT OF TRADING

Definition(s) for UNIT OF TRADING:


1. ) refers to the number of shares of a particular security that is used as the acceptable quantity for trading on the exchanges.

2. ) The minimum quantity or amount allowed when trading a security. The normal minimum for common stock is 1 round lot or 100 shares. The normal minimum for options is one contract (which normally covers 100 shares of stock).



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