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Odd Lot Market

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12 replies to this topic

#1
pakee

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    can anyone please explain how to trade shares in Odd Lot Market and further details if any ???....also can we trade in it through KASB Direct online account ???

    and what is the usual price difference ???


    #2
    AbDuLmAtEeNkHaN

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     pakee, on Aug 6 2006, 02:18 PM, said:

    can anyone please explain how to trade shares in Odd Lot Market and further details if any ???....also can we trade in it through KASB Direct online account ???

    and what is the usual price difference ???

    What are Odd Lots?

    An odd lot can be best defined as an irregular number of shares, which cannot be traded in the regular market timings of the Karachi Stock Exchange. Since many investors acquire odd lots and as a result are unable to trade these odd lots in the regular market, the Karachi Stock Exchange has initiated a separate ODD Lots market that is open daily Mon - Fri. during the following timings:

    Mon-Thurs. 12:15 pm - 1:45 pm
    Friday 10:45 am - 11:45 am

    For KASB and AKD users they have to mail them the quantity and the price in which they want to sell and account id only from which they want to sell the scrip’s. to follow the odd lot trading you can check in the timings giving above at www.kse.com.pk --- MARKET DATA ---- Odd Lot Summary

    Posted Image




    Click Here For: "Daily Reports From Different Brokerage Houses"
    Note: Please make your own due diligence before making any decision

    Regards,
    Abdul Mateen Khan

    #3
    pakee

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    thanks a lot AbDuLmAtEeNkHaN

    #4
    habibkhan

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    I want to know what is the best way to sell odd lot of shares.what is the time&how order is placed.please tell me in detail. thanks.Also guide me how to place STOP LOSS ORDER,i am a bigner. :thanks:

    Edited by habibkhan, 15 November 2006 - 06:59 PM.


    #5
    pakee

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    To sell shares in ODL market u have to tell ur BROKER that u wanna sell so many shares in ODL market.

    ODL is for odd number of shares e.g., if u have 55 shares of a Co.

    i am not sure of timings but i thing it is from 10 to 12 !!!

    #6
    Mudassir

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    is there is any broker who provide online trading in odd lot?

    Mudassir Javed Khan







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