Round lot

The minimum number of shares or the minimum par value eligible for execution in continuous trading

In floor trading at FWB® Frankfurter Wertpapierbörse (the Frankfurt Stock Exchange), all stock orders are executed at the next possible opportunity. The minimum trading unit is one share.

Bond orders must have a par value of at least €1 million to be eligible for continuous trading.

In the Xetra® electronic trading system, the minimum trading unit for all stocks is one share.

Synonym: Minimum trading unit

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