Are Odd Lot Trades Predatory? Potentially, Says Credit Suisse
Do odd lot trade execution orders indicate potential predatory behavior on the part of the trader? Potentially, according to a new white paper released by Credit Suisse.
Most stock trades occur in round numbers, 100 shares, 500 shares, etc. In fact, according to recently-disclosed data from the SEC, only 5% of share volume occurs in odd lots, non-rounded numbers such as 117 or 648, for instance . . .
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