Saturday, March 10, 2012

The Board Lot Table

How much is the minimum amount of investment?
Trading of stocks is done by board lot or round lot system. The Board Lot Table determines the minimum number of shares one can purchase or sell at a specific price range. Therefore, the minimum amount needed to invest in stocks varies and will depend on the market price of the security as well as its corresponding board lot.
Prices of stocks move through a scale of set price fluctuations. Prices are thus adjusted along these fluctuations at a time. Transactions which are beyond the prescribed number of maximum fluctuations from the last sale price are not allowed.

PRICE    TICK SIZELOT SIZE
FromTo      
0.00010.00990.00011,000,000
0.01000.04900.0010100,000
0.05000.24900.001010,000
0.25000.49500.005010,000
0.50004.99000.01001,000
5.00009.99000.0100100
10.000019.98000.0200100
20.000049.95000.0500100
50.000099.95000.050010
100.0000199.90000.100010
200.0000499.80000.200010
500.0000999.50000.500010
1000.00001999.00001.00005
2000.00004998.00002.00005
5000.0000UP5.00005















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