Wednesday 21 November 2012

Board Lot

A standard trading unit as defined in UMIR (Universal Market Integrity Rules). The board lot size of a security onToronto Stock Exchange or TSX Venture Exchange depends on the trading price of the security, as follows:
*. Trading price per unit is less than $0.10 - board lot size is 1,000 units
*. Trading price per unit is$0.10 to $0.99 - board lot size is 500 units
*. Trading price per unit is$1.00 or more - board lot size is 100 units