Series 66: Odd Lot Theory

Taken from our Series 66 Online Guide

Odd Lot Theory

An odd lot transaction is a transaction of less than 100 shares. The odd lot theory assumes that the only investors who will trade in odd lots are small in

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I passed the Series 66 today with an 85%. Your book and PDF test questions were great, and turned out to be the only study material I needed to pass the test on the first try. I'll look to you again when I need my Series 7. Thanks!

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Maria Raspa, Merrill Lynch, Wellesley Hills, MA

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John Watlington, Merrill Lynch, Raleigh, NC