Difference between revisions of "Odd Lot Offer"
From Open Risk Manual
Wiki admin (talk | contribs) (Initial Entry) |
Wiki admin (talk | contribs) |
||
| Line 1: | Line 1: | ||
== Definition == | == Definition == | ||
| − | '''Odd Lot Offer'''. Offer by issuer to allow holders of an odd lot of a security to order a commission-free transaction at market price, to sell the odd lot, or to buy an amount of shares which will bring the position to a round lot (board lot). SWIFT = ODLT | + | '''Odd Lot Offer'''. Offer by issuer to allow holders of an odd lot of a security to order a commission-free transaction at market price, to sell the odd lot, or to buy an amount of shares which will bring the position to a round lot (board lot). |
| + | |||
| + | [[SWIFT]] = ODLT | ||
| Line 7: | Line 9: | ||
[[Category:Corporate Actions Events]] | [[Category:Corporate Actions Events]] | ||
| + | [[Category:SWIFT]] | ||
{{#set: isDefinedBy | https://spec.edmcouncil.org/fibo/ontology/CAE/CorporateEvents/CorporateActionsEvents/index-en.html }} | {{#set: isDefinedBy | https://spec.edmcouncil.org/fibo/ontology/CAE/CorporateEvents/CorporateActionsEvents/index-en.html }} | ||
__SHOWFACTBOX__ | __SHOWFACTBOX__ | ||
Latest revision as of 11:15, 15 June 2021
Definition
Odd Lot Offer. Offer by issuer to allow holders of an odd lot of a security to order a commission-free transaction at market price, to sell the odd lot, or to buy an amount of shares which will bring the position to a round lot (board lot).
SWIFT = ODLT
Disclaimer
This entry annotates a FIBO Ontology Class. FIBO is a trademark and the FIBO Ontology is copyright of the EDM Council, released under the MIT Open Source License. There is no guarantee that the content of this page will remain aligned with, or correctly interprets, the concepts covered by the FIBO ontology.
