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Frauds and Scams > Unit Of Trading
The following information is about Unit Of Trading.
Unit Of Trading Defined
Number of shares, bonds, or commodities that is considered the normal unit of trading on an exchange. For stocks, it is usually a round lot (100 shares). For corporate bonds, it is usually $1,000 or $5,0000 par value. Commodities do not have a set unit--it varies depending upon the actual commodity.
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