Is there minimum order quantity?
Yes,1 share but any quantity less than 100 shares is considered an “odd lot”. Odd lots are not represented in the REDI quote montage or the NASDAQ Level 2. REDI will accept your odd lot but will only execute it up against another equal odd lot on the opposite side of your order (ex. Buy or Sell). ISLD does accept and execute odd lots against all the orders that enter the ISLD book. You can also call our trading desk and we can execute your odd lot for you.
