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Terence Lee

08 Dec 2020

∙

General Investing

I am planning on and it woulds be my first time entering the US market. I see that the minimum volume for a transaction is typically 10 lots at least on the Nasdaq...?

..... so my question is:

how many units(aka shares) are there in a single lot? If it's 100 units/shares, am i absoulutely right to assume 10 lots = 1000 shares?

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Kok Hong

08 Dec 2020

Minimum is 1 share but then you also need to consider about cost per trade - is it worth buying just 1 share

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Wrong Sean

08 Dec 2020

The usual lot size for a NASDAQ listed stock is 1 share.

Do confirm again on your broker site or app if they enforce any minimum share number per transaction?

Or do share the ticker code so that we can check and confirm on the lot size for that particular stock?

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Aidan Neo

08 Dec 2020

Financial Services Consultant at Manulife Financial Advisers

Hey terence,

I guess there is some misunderstnding for that. For US-listed shares, you may just pur...

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