Tiny ‘Odd Lot’ Trades Reach Record Share of U.S. Stock Market

Wall Street Journal – In a story about odd lot trades accounting for more than 50% of all stock market trades, Healthy Markets Executive Director Tyler Gellasch is quoted saying ““Odd lots are a huge part of the markets,” Excluding odd-lot orders from the SIP and best execution statistics misleads customers into thinking they are getting the best prices available, when they really aren’t.” (Full Story).  Also see our comment letter to the SEC regarding odd lots and market quality (here).

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