{"id":26967,"date":"2024-08-22T10:00:00","date_gmt":"2024-08-22T02:00:00","guid":{"rendered":"https:\/\/www.tejwin.com\/?post_type=insight&#038;p=26967"},"modified":"2024-12-30T10:25:50","modified_gmt":"2024-12-30T02:25:50","slug":"what-is-odd-lot-trading","status":"publish","type":"insight","link":"https:\/\/www.tejwin.com\/en\/insight\/what-is-odd-lot-trading\/","title":{"rendered":"What Is Odd Lot Trading? TEJ Guides You Through The Basics From The Ground Up"},"content":{"rendered":"\n<figure class=\"wp-block-image size-full caption-align-center\"><img fetchpriority=\"high\" decoding=\"async\" width=\"1024\" height=\"540\" src=\"https:\/\/www.tejwin.com\/wp-content\/uploads\/istockphoto-1751833779-1024x1024-2.jpg\" alt=\"Odd Lot Trading\n\" class=\"wp-image-26369\" srcset=\"https:\/\/www.tejwin.com\/wp-content\/uploads\/istockphoto-1751833779-1024x1024-2.jpg 1024w, https:\/\/www.tejwin.com\/wp-content\/uploads\/istockphoto-1751833779-1024x1024-2-300x158.jpg 300w, https:\/\/www.tejwin.com\/wp-content\/uploads\/istockphoto-1751833779-1024x1024-2-150x79.jpg 150w, https:\/\/www.tejwin.com\/wp-content\/uploads\/istockphoto-1751833779-1024x1024-2-768x405.jpg 768w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">Photo by\u00a0<a href=\"https:\/\/www.istockphoto.com\/hk\/portfolio\/Windog?mediatype=photography\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Sean Anthony Eddy<\/a>\u00a0on <a href=\"https:\/\/www.istockphoto.com\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">iStock<\/a><\/figcaption><\/figure>\n\n\n\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_81 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-69da5065b9840\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"ez-toc-cssicon\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-69da5065b9840\"  aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/www.tejwin.com\/en\/insight\/what-is-odd-lot-trading\/#Preface\" >Preface<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/www.tejwin.com\/en\/insight\/what-is-odd-lot-trading\/#Odd_lot_Trading_Methods\" >Odd lot Trading Methods<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/www.tejwin.com\/en\/insight\/what-is-odd-lot-trading\/#Trading_Place\" >Trading Place<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/www.tejwin.com\/en\/insight\/what-is-odd-lot-trading\/#Trading_Hours\" >Trading Hours<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/www.tejwin.com\/en\/insight\/what-is-odd-lot-trading\/#Method_of_Calculating_Transaction_Fees\" >Method of Calculating Transaction Fees<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/www.tejwin.com\/en\/insight\/what-is-odd-lot-trading\/#The_Pros_and_Cons_of_Odd_Lot_Trading\" >The Pros and Cons of Odd Lot\u00a0Trading<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/www.tejwin.com\/en\/insight\/what-is-odd-lot-trading\/#Pros\" >Pros<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/www.tejwin.com\/en\/insight\/what-is-odd-lot-trading\/#Cons\" >Cons<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/www.tejwin.com\/en\/insight\/what-is-odd-lot-trading\/#Impact_of_Allowing_Odd_Lot_Trading_During_Market_Hours_on_the_Investment_Market\" >Impact of Allowing Odd Lot Trading During Market Hours on the Investment Market<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/www.tejwin.com\/en\/insight\/what-is-odd-lot-trading\/#The_Hidden_Information_of_Odd-Lot_Trades_The_Odd-Lot_Theory\" >The Hidden Information of Odd-Lot Trades: The Odd-Lot Theory<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/www.tejwin.com\/en\/insight\/what-is-odd-lot-trading\/#TEJ_Odd-Lot_Trading_Database\" >TEJ Odd-Lot Trading Database<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/www.tejwin.com\/en\/insight\/what-is-odd-lot-trading\/#Conclusion\" >Conclusion<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/www.tejwin.com\/en\/insight\/what-is-odd-lot-trading\/#Further_Reading\" >Further Reading<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Preface\"><\/span><strong><strong>Preface<\/strong><\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Odd lot trading refers to the practice of buying and selling smaller quantities of stock that do not constitute a standard trading unit (commonly 1,000 shares in Taiwan). This mechanism lowers the financial barrier to entry, enabling investors with limited capital to participate in the stock market by purchasing shares incrementally. It provides a pathway for individuals to gradually build their portfolios while offering greater flexibility in diversifying investment risks. Moreover, odd lot trading allows small amounts of capital to be actively invested, enhancing the potential for returns compared to traditional savings. At the same time, it bolsters market liquidity, catering to the broader need for capital flow within the financial system.<\/p>\n\n\n\n<div style=\"height:30px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Odd_lot_Trading_Methods\"><\/span>Odd lot Trading Methods<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Trading_Place\"><\/span>Trading Place<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Same as regular stock trading, investors can execute transactions using order placement platforms provided by major brokerage firms in Taiwan.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Trading_Hours\"><\/span>Trading Hours<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Based on the timing of transactions, odd-lot trading is divided into intraday and after-hours trading:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Intraday odd-lot trading: This occurs on trading days from 9:00 AM to 1:30 PM. The first matching occurs at 9:10 AM, followed by matching every minute using a call auction method.<\/li>\n\n\n\n<li>After-hours odd-lot trading: This occurs on trading days from 1:40 PM to 2:30 PM, with only one matching at 2:30 PM using the call auction method.<\/li>\n<\/ul>\n\n\n\n<p>In terms of order of execution, whether during intraday or after-hours trading, &#8220;price priority&#8221; is the key rule. However, when prices are the same, intraday trading is determined by time\u2014whoever&#8217;s order is placed first wins. In contrast, after-hours trading is different; the order of transactions is randomly chosen by a computer, giving everyone a fair chance without having to race against the clock.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Method_of_Calculating_Transaction_Fees\"><\/span>Method of Calculating Transaction Fees<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Transaction fees are a critical but often overlooked aspect of odd-lot stock trading that can subtly reduce profits if not carefully considered. In Taiwan&#8217;s stock market, the fee structure for odd-lot trading is largely similar to that of standard lot trading. Investors are required to pay a 0.1425% transaction fee and a 0.3% securities transaction tax. However, due to the smaller transaction amounts typically involved in odd-lot trades, most brokerage firms impose a minimum transaction fee of NT$20 per trade.<\/p>\n\n\n\n<p>Here is an easy formula to remember:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Buying Odd Lots Transaction fee = Max (Purchase Price \u00d7 Number of Shares \u00d7 0.1425%, 20)<\/li>\n\n\n\n<li>Selling Odd Lots Transaction fee = Max (Selling Price \u00d7 Number of Shares \u00d7 0.1425%, 20) + (Selling Price \u00d7 Number of Shares \u00d7 0.3%)<\/li>\n<\/ul>\n\n\n\n<p>For transactions below NT$14,036 (since 20 \u00f7 0.1425% = 14,035.09), the minimum fee of NT$20 applies. For investors who frequently trade smaller amounts, such as NT$5,000 or NT$10,000, it may be worthwhile to consider brokerages offering lower fees tailored for regular small-scale investments.<\/p>\n\n\n\n<div style=\"height:30px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"The_Pros_and_Cons_of_Odd_Lot_Trading\"><\/span>The Pros and Cons of Odd Lot\u00a0Trading<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<div class=\"wp-block-columns is-layout-flex wp-container-core-columns-is-layout-28f84493 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\">\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Pros\"><\/span>Pros<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Enables investment in high-priced stocks with a smaller capital outlay.<\/li>\n\n\n\n<li>Facilitates diversification of investment portfolios, thereby mitigating risk.<\/li>\n\n\n\n<li>Offers significant liquidity in the market.<\/li>\n<\/ul>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\">\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Cons\"><\/span>Cons<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Due to the smaller transaction amounts, the relative proportion of transaction fees can be higher.<\/li>\n\n\n\n<li>Margin trading, including financing and short selling, is not supported.<\/li>\n\n\n\n<li>Day trading is not permitted; investors must wait until the next trading day after the transaction is settled to sell the stocks.<\/li>\n<\/ul>\n<\/div>\n<\/div>\n\n\n\n<div style=\"height:31px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p class=\"has-text-align-center\"><img decoding=\"async\" src=\"https:\/\/www.tejwin.com\/wp-content\/uploads\/4_AD_4nXd94yFpzQGf_XKKsebQhotZq1tYF8deRKSHWKH9ulbda5Fvl1s1Cc7J5qEngeImWnY4kqymS64NxIgIg-VKPS6o210AylB_4tRD_KFo9ucUzHOEJNgZem8tBcom4gguEAv4Mnn5z3cX5P61Pxuf3Mkkeyum7Zo1uWTKdj-cxXG0T7Ic9r.png\" alt=\"Comparison Chart of Odd-Lot Trading\" style=\"width: 1920px;\"><\/p>\n\n\n\n<p class=\"has-text-align-center\">Figure 1. Comparison Chart of Odd-Lot Trading<\/p>\n\n\n\n<div style=\"height:30px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Impact_of_Allowing_Odd_Lot_Trading_During_Market_Hours_on_the_Investment_Market\"><\/span>Impact of Allowing Odd Lot Trading During Market Hours on the Investment Market<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>In the early days, odd lot trading was restricted to&nbsp; after market hours. However, on October 26, 2020, the securities market introduced odd-lot trading during market hours,&nbsp; marking a significant event that revitalized the investment landscape. This change not only lowered the investment threshold but also made the market more active and flexible. It reduced the time required for trade matching, facilitated more immediate market information disclosure, and enabled investors to seize opportunities with greater speed and precision. TEJ summarized the impact of this changes in three key points:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>The introduction of odd-lot trading during market hours, alongside after-hours trading, has made it easier for young investors and those with limited funds to participate in Taiwan&#8217;s stock market. This change has also invigorated the odd-lot market, contributing significantly to the diversified development of the securities market.<\/li>\n\n\n\n<li>According to statistics, as of June 30, 2024, the average daily odd-lot trading volume reached NT$6.357 billion, accounting for 1.18% of the total market trading volume! This is a significant increase compared to the period before the introduction of odd-lot trading during market hours (from January to September 2020),when it accounted for only 0.12% of total market volume. Among this, the average daily trading volume in the TWSE market reached NT$5.340 billion,representing 1.25% of the total trading volume of listed stocks, while in OTC market saw NT$1.017 billion in daily odd-lot trades, accounting for 0.92% of\u00a0 OTC stock volume.<\/li>\n\n\n\n<li>To improve trading opportunities and efficiency in the odd-lot trading market during market hours, the securities market shortened the trad interval for odd-lots from 3minutes to 1minute on December 19, 2022. This aims to enhance the liquidity and streamline transactions. Additionally, to improve the immediacy of market information, starting from November 27, 2023, the frequency of disclosing odd-lot market information will be reduced from every 10 seconds to every 5 seconds. This includes real-time information on simulated transaction prices, volumes, and the best 5 bid-ask prices, allowing investors to respond more quickly and accurately to market developments.<\/li>\n<\/ul>\n\n\n\n<div style=\"height:30px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<div style=\"border: 1px black; border-style: solid none; text-align: center; border-color: #296580; padding: 24px; margin-top: 24px; margin-bottom: 24px;\">\n<p><strong>Curious about the information Block Trade uses for their portfolios?<\/strong><\/p>\n<p><strong>Click below to discover the secrets from TEJ!<\/strong><\/p>\n<p><strong style=\"color: initial; font-family: -apple-system, BlinkMacSystemFont, 'Segoe UI', Roboto, Oxygen-Sans, Ubuntu, Cantarell, 'Helvetica Neue', sans-serif;\"><a style=\"border: none; border-radius: 4px; background-color: #296580; color: white; font-size: 20px; width: fit-content; text-decoration: none; padding: 12px 30px 12px 30px;\" href=\"https:\/\/www.tejwin.com\/en\/insight\/block-trade-strategy-achieves-performance-beyond-the-market-index\/\" target=\"_blank\" rel=\"noopener\">TQuant Lab\u00a0 Block Trade Strategy<\/a>\u00a0<\/strong><span style=\"color: initial; font-family: -apple-system, BlinkMacSystemFont, 'Segoe UI', Roboto, Oxygen-Sans, Ubuntu, Cantarell, 'Helvetica Neue', sans-serif;\">\u00a0<\/span><\/p>\n<\/div>\n\n\n\n<div style=\"height:30px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"The_Hidden_Information_of_Odd-Lot_Trades_The_Odd-Lot_Theory\"><\/span>The Hidden Information of Odd-Lot Trades: The Odd-Lot Theory<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>On top of offering more liquidity to stock markets, the data of odd-lot trades may give investors helpful information on the retail investors&#8217; feelings about a specific stock. According to the odd-lot theory, a historical method of technical analysis, small investors (odd-lot traders) are the least informed participants in the market, and their actions are interpreted as contrarian investment indicators. However, research has shown that its effectiveness was already questionable in the 1960s and 1970s, and by the 1990s, it was gradually abandoned as mutual funds became popular.&nbsp;<\/p>\n\n\n\n<p>In contrast, Taiwan&#8217;s stock market, established in 1961, is relatively young compared to markets in Europe, the United States, and Japan. Taiwan&#8217;s odd-lot trading system has also gradually relaxed since 2005, evolving from allowing after-hours trading to introducing intraday trading in 2020 and further shortening the matching interval in 2022 to improve market efficiency and liquidity.&nbsp;<\/p>\n\n\n\n<p>Although the odd-lot theory has lost relevance in Western markets, it still holds research value in Taiwan. <a href=\"https:\/\/hdl.handle.net\/11296\/d9dztz\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Some studies<\/a> have found that the growth in odd-lot trading volume is increasingly correlated with the TAIEX index, suggesting that the activity in Taiwan&#8217;s odd-lot market demonstrates its growing influence.<\/p>\n\n\n\n<div style=\"height:30px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"TEJ_Odd-Lot_Trading_Database\"><\/span>TEJ Odd-Lot Trading Database<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Whether you&#8217;re interested in investing in odd-lot stocks or seeking detailed information to refine your investment strategy, TEJ provides a professional database to support your needs.. TEJ\u2019s odd-lot trading data offers the stock prices and volumes of individual stocks during both market hours and after-market trading, updated daily to ensure your strategy research receives the most current information.<\/p>\n\n\n\n<div style=\"height:30px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<figure class=\"wp-block-image aligncenter size-full is-resized\"><img decoding=\"async\" width=\"1884\" height=\"805\" src=\"https:\/\/www.tejwin.com\/wp-content\/uploads\/\u5f71\u50cf-3.png\" alt=\"\" class=\"wp-image-27502\" style=\"width:840px;height:auto\" srcset=\"https:\/\/www.tejwin.com\/wp-content\/uploads\/\u5f71\u50cf-3.png 1884w, https:\/\/www.tejwin.com\/wp-content\/uploads\/\u5f71\u50cf-3-300x128.png 300w, https:\/\/www.tejwin.com\/wp-content\/uploads\/\u5f71\u50cf-3-1024x438.png 1024w, https:\/\/www.tejwin.com\/wp-content\/uploads\/\u5f71\u50cf-3-150x64.png 150w, https:\/\/www.tejwin.com\/wp-content\/uploads\/\u5f71\u50cf-3-768x328.png 768w, https:\/\/www.tejwin.com\/wp-content\/uploads\/\u5f71\u50cf-3-1536x656.png 1536w\" sizes=\"(max-width: 1884px) 100vw, 1884px\" \/><\/figure>\n\n\n\n<p class=\"has-text-align-center\">Figure 2. TEJ PRO Odd Lot Trading Database<\/p>\n\n\n\n<div style=\"height:30px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span><strong>Conclusion<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Odd lot trading offers excellent convenience and flexibility, especially for investors with limited funds who want to participate in stock markets. This new trading method has introduced more investment options, such as fixed and variable amounts, allowing investors to purchase a set number of shares with smaller amounts of capital. Following the improvement of liquidity, the data of odd-lot trades may reflect extra information on the retail investors&#8217; feelings, making it possible to be considered an element of strategy-making.&nbsp;<\/p>\n\n\n\n<p>In addition to odd lot trading data, TEJ also offers high-quality market data for strategy backtesting to optimize your investment approaches. This includes stock price data adjusted for dividends, chip analysis with daily institutional buy-sell data, as well as margin trading information, all of which provide a comprehensive view of market conditions at specific points in time, enabling accurate backtesting of investment strategies.<\/p>\n\n\n\n<p>TEJ\u2019s extensive data sets are designed to enhance your analysis and strategy development. Beyond basic stock prices, they include various financial metrics, company risk attributes, and even broker trading information. By partnering with TEJ, you gain access to valuable insights that empower data-driven investment decisions. Leverage our market data solutions today to elevate your financial strategies.<\/p>\n\n\n\n<div style=\"height:30px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<div class=\"wp-block-buttons has-custom-font-size has-medium-font-size is-content-justification-center is-layout-flex wp-container-core-buttons-is-layout-a89b3969 wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button has-custom-width wp-block-button__width-100 has-custom-font-size is-style-fill\" style=\"font-size:22px\"><a class=\"wp-block-button__link has-white-color has-text-color has-background wp-element-button\" href=\"https:\/\/www.tejwin.com\/databank-solution\/taiwan\/\" style=\"border-radius:20px;background:linear-gradient(135deg,rgb(224,195,78) 0%,rgb(72,187,148) 50%,rgb(51,97,181) 99%)\" target=\"_blank\" rel=\"noreferrer noopener\">Click to Check Out TEJ Market Data<\/a><\/div>\n<\/div>\n\n\n\n<div style=\"height:30px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Further_Reading\"><\/span>Further Reading<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li>More Odd Lot Trading Legislation\uff1a\n<ul class=\"wp-block-list\">\n<li><a class=\"ek-link\" href=\"https:\/\/www.selaw.com.tw\/English\/LawArticle\/Article\/62550?searchString1=%20Odd-Lot%20Trading&amp;isTerms=True\" target=\"_blank\" rel=\"noopener\"><\/a><a href=\"https:\/\/www.rootlaw.com.tw\/en\/LawArticle.aspx?LawID=A040390051018900-0960215\" target=\"_blank\" rel=\"noopener\">Taiwan Stock Exchange Corporation Regulations Governing Odd-lot Trading of Listed Securities<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/www.tpex.org.tw\/en\/etf\/etf_law.php\" target=\"_blank\" rel=\"noopener\">Taipei Exchange Directions Governing Clearing and Settlement Operations for Securities Traded on the TPEx<\/a><\/li>\n<\/ul>\n<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li>More about TEJ Financial Data:\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/www.tejwin.com\/en\/insight\/financial-data-sourcing-strategic-guide\/\" target=\"_blank\" rel=\"noreferrer noopener\">What is Market Data: Its Meaning, Types &amp; Applications<\/a><\/li>\n<\/ul>\n<\/li>\n<\/ul>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Odd lot trading is all about buying and selling smaller amounts of stock that don\u2019t add up to a full trading unit (usually 1,000 shares). So, instead of needing a lot of money to buy a full unit at once, you can start with a smaller amount of shares. This is super handy for anyone with a limited budget who still wants to get into stock investing!<\/p>\n","protected":false},"featured_media":27061,"template":"","tags":[2904,2962],"insight-category":[689],"class_list":["post-26967","insight","type-insight","status-publish","has-post-thumbnail","hentry","tag-beginners-guide","tag-market-data","insight-category-market-research"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.tejwin.com\/en\/wp-json\/wp\/v2\/insight\/26967","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.tejwin.com\/en\/wp-json\/wp\/v2\/insight"}],"about":[{"href":"https:\/\/www.tejwin.com\/en\/wp-json\/wp\/v2\/types\/insight"}],"version-history":[{"count":12,"href":"https:\/\/www.tejwin.com\/en\/wp-json\/wp\/v2\/insight\/26967\/revisions"}],"predecessor-version":[{"id":31642,"href":"https:\/\/www.tejwin.com\/en\/wp-json\/wp\/v2\/insight\/26967\/revisions\/31642"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.tejwin.com\/en\/wp-json\/wp\/v2\/media\/27061"}],"wp:attachment":[{"href":"https:\/\/www.tejwin.com\/en\/wp-json\/wp\/v2\/media?parent=26967"}],"wp:term":[{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.tejwin.com\/en\/wp-json\/wp\/v2\/tags?post=26967"},{"taxonomy":"insight-category","embeddable":true,"href":"https:\/\/www.tejwin.com\/en\/wp-json\/wp\/v2\/insight-category?post=26967"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}