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Glossary > O > "Odd lot dealer" Definition

Odd lot dealer

A broker who combines odd lots of securities from multiple buy or sell orders into round lots and executes transactions in those round lots.

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

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