Odd lot trading has become one of the most popular small-scale investment methods among Taiwanese investors, especially for office workers with limited funds. However, many novice investors often overlook a key issue—the order in which odd lots are sold directly affects transaction speed and trading costs. This article provides a comprehensive guide to odd lot trading, including the latest rules for buying and selling odd lots, trading hours, fee calculations, and how to master the most optimized odd lot selling strategies.
What are odd lots? Why are small investors enthusiastic about odd lot trading?
The minimum unit for whole share trading is one lot (1,000 shares), but sometimes investors end up with scattered shares fewer than 1,000 due to unfilled orders, which are called odd lots. The minimum trading unit for odd lots is 1 share, meaning investors can buy or sell any quantity between 1 and 999 shares.
The main reasons for the creation of odd lots include: rapid stock price fluctuations causing orders not to be fully filled, and transaction...