FAQ - Odd Lot Trades

What is an “Odd Lot”?

The trading unit of HK stocks is generally one lot, and the number of shares in each lot is determined according to the stock price. One lot can be 100 shares, 500 shares, 1000 shares, or more than 2000 shares. “Odd lot” refers to the number of securities in less than one trading unit (one board lot).

Does Long Bridge provide odd lot trading services?

Yes, Long Bridge provides odd lot trading services. You can log in to the Long Bridge App - Portfolio - Trade - Choose Symbol and select a stock - Direction (Buy/Sell) - Type and tap “Odd Lot Order” - enter price and quantity and submit your order.

Why is the buying price of odd lots higher than that of board lots?

The odd lot market has a relatively small circulation and trading volume, so the buying price of odd lots is higher than that of board lots. In general, there will be at least 5 spreads between odd lots and board lots. When buying odd lots, you can enter a bid price that is slightly higher than the market price to give the trade a greater chance of matching. (The number of spreads is for reference only and subject to the actual market situation)

Why is the selling price of odd lots lower than that of board lots?

The odd lot market has a relatively small circulation and trading volume, so the selling price of odd lots is lower than that of board lots. In general, there will be at least 5 spreads between odd lots and board lots. When selling odd lots, you can enter an ask price that is slightly lower than the market price to give the trade a greater chance of matching. (The number of spreads is for reference only and subject to the actual market situation)

What are the charges for odd lot orders?

The charges for odd lot orders are the same as those for board lot orders. Please refer to Trading Fee for details.

Can I place an odd lot order together with a board lot order?

Odd lot orders and board lot orders need to be placed separately. Odd lot orders must be less than one lot.

What are the trading hours for odd lots?

Odd lots can only be traded during the continuous trading session of HK stocks (9:30am~12:00pm and 13:00pm~16:00pm on trading days). The morning session and closing auction session are not applicable to odd lots.

Which order types are supported for odd lots? Can I amend an order after placing it?

Odd lot trades only support the order type of “odd lot order", while market order and conditional order are not supported. You cannot amend an order after placing it, but you can cancel the order.

I submitted an odd lot order, but why has it not been executed?

The odd lot market has a relatively small circulation and trading volume, so it is difficult to find an exact match between the buyer and seller after the order is sent, which leads to a late execution.

Does Long Bridge support odd lot transfer?

Yes, Long Bridge supports odd lot transfer-in&out. Please refer to and Guidance of stocks transfer in and Guidance of stocks transfer out for details.