Lot definition (2024)

CFDs are leveraged products. CFD trading may not be suitable for everyone and can result in losses that exceed your deposits, so please ensure that you fully understand the risks involved. CFDs are leveraged products. CFD trading may not be suitable for everyone and can result in losses that exceed your deposits, so please ensure that you fully understand the risks involved.

What is a lot?

A lot is the standardised number of units of an asset being traded. Often, the actual value of an asset or security means that trading just a single unit isn’t viable. In these cases, traders will use a lot: a set amount of a particular asset that you buy or sell in each transaction. If the position size is not the standardised lot amount, it is considered an ‘odd lot’.

The value of a lot is set by an exchange, or a similar market regulator, and is usually the minimum number of units that you can buy of a particular financial instrument. This regulation means that investors always know how much of an asset they are trading when they open a position.

Examples of lots

A lot can refer to any asset class or financial instrument, but the specific meaning of a lot and its application will vary from market to market.

For example, the standard lot size for the stock market is 100 shares – it is the number of shares that are bought and sold in a normal transaction. This is also known as a ‘round lot’. Exchange traded funds (ETFs) are priced in the same way, so that one lot is equal to 100 shares.

The bond market is slightly different, because the lot sizes tend to be issued in far larger sums. For example, the standard lot for US government bonds is $1 million.

In options trading, lots are often standardised across the board. An equity option, for instance, is priced so that each lot is equal to 100 shares of the underlying asset. However, in the futures market lots are called ‘contract sizes’ instead – these vary greatly depending on what type of contract is being traded.

IG uses lots for CFD trading, where a single contract represents a set quantity of the underlying asset.

Build your trading knowledge

Discover how to trade with IG Academy, using our series of interactive courses, webinars and seminars.

A - B - C - D - E - F - G - H - I - L - M - N - O - P - Q - R - S - T - U - V - W - Y

See all glossary trading terms

Contact us

Support line is available 24hrs a day from 8am GMT Saturday to 10pm GMT Friday

+65 6390 5118

You can also email us helpdesk@ig.com.sg

Disclaimer:

All forms of investments carry risks and trading CFDs may not be suitable for everyone. CFDs are leveraged instruments and can result in losses that exceed deposits, so please ensure that you fully understand, and are aware of, the risks and costs involved. Refer to the Risk Disclosure Statement and Risk Fact Sheet.

IG Asia Pte Ltd (Co.Reg.No. 200510021K) is regulated by the Monetary Authority of Singapore and holds a capital markets services licence for dealing in capital markets products that are over-the-counter derivatives contracts and is an exempt financial adviser.

IG provides an execution-only service. The information in this advertisem*nt does not contain (and should not be construed as containing) investment advice or an investment recommendation, or an offer of or solicitation for a transaction in any financial instrument. IG accepts no responsibility for any use that may be made of these comments and for any consequences that result. You should consider your specific investment objectives, financial situation or particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.

The information on this site is not directed at residents of the United States or Belgium and is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.

This advertisem*nt has not been reviewed by the Monetary Authority of Singapore.

Lot definition (2024)

FAQs

What is the meaning of the lot? ›

: all the things of a group. They sell tuxedos, business suits, casual wear …the lot. This one's the best of the lot.

What does the lot mean in the Bible? ›

(Heb. goral, a "pebble"), a small stone used in casting lots ( Numbers 33:54 ; Jonah 1:7 ). The lot was always resorted to by the Hebrews with strictest reference to the interposition of God, and as a method of ascertaining the divine will ( Proverbs 16:33 ), and in serious cases of doubt ( Esther 3:7 ).

What is the concept of lot? ›

A lot is a plot of land. When you buy a house, you also buy the lot on which it sits. If there's an empty lot in your neighborhood, it means there's a space covered with grass or pavement that's large enough for a house or building to fit there. Another kind of lot is a set or group of items.

What does a lot mean in property? ›

In real estate, a Land lot or plot of land is a tract or parcel of land owned or meant to be owned by some owner(s). A plot is essentially considered a parcel of real property in some countries or immovable property (meaning practically the same thing) in other countries.

What's another word for "a lot"? ›

abundant adequate ample complete considerable copious countless endless everywhere extravagant galore generous immeasurable jam-packed lavish lotsa many mega mucho no end plenteous plentiful profuse satisfying sizable substantial sufficient very many voluminous.

What is another word for is a lot? ›

a good deal. large amount. abundance. a staggering abundance of food. reams (informal)

What is the spiritual meaning of lot? ›

Lot, meaning dark-colored, covering, hidden, can also be said to symbolize the part of man's consciousness that is still in darkness--in other words, the natural or animal man.

What does "lot" mean in Hebrew? ›

Origin:Hebrew. Meaning:Veil, hidden. Sometimes a one-syllable name is all it takes to describe a new bundle of joy in the world. The boy's name, Lot, meaning "veil" or "hidden," has roots in the Hebrew Bible and refers to a nephew of the patriarch Abraham.

What is lot in hebrew? ›

Lot (/lɒt/; Hebrew: לוֹט Lōṭ, lit. "veil" or "covering"; Greek: Λώτ Lṓt; Arabic: لُوط Lūṭ; Syriac: ܠܘܛ Lōṭ) was a man mentioned in the biblical Book of Genesis, chapters 11–14 and 19.

What is the meaning of lot in life? ›

Your lot is the kind of life you have or the things that you have or experience. She tried to accept her marriage as her lot in life but could not. Synonyms: destiny, situation, circ*mstances, fortune More Synonyms of lot. 8. countable noun.

What is the origin of a lot? ›

The preposition “lot” comes from the Old English language of the Anglo-Saxons, which lasted to about 1150. It come from the word hlot which meant “a share of”. Hlot evolved to “lot” which means a large number or amount. The phrase “a lot of” was created much later with no known etymology.

What does it mean to be chosen by lot? ›

◊ When someone is chosen by lot or when people draw lots or (less commonly) cast lots to choose someone, each person in a group takes a small object or a piece of paper from a container. One of the objects or pieces of paper is different from the others, and the person who takes the different one is chosen.

What is the difference between a land and a lot? ›

Lots vs Land: Understanding the Difference

Land is any property that doesn't already have a habitable structure on it. Similarly, raw land is any property that is uninhabited and is not yet ready for building. A lot, on the other hand, is a piece of property that is currently ready for building a structure.

What is the difference between a lot and a lot? ›

First thing's first: "alot" is not a word. If you want to say that someone has a vast number of things, you would say they have "a lot" of things. "A lot" is always two words.

What does a lot vs lot mean? ›

We use them to refer to a quantity of something without being exact. These expressions can be used in the same way and there is no difference in meaning, though “lots of” might be considered by some to be more informal. Note that in these examples “a lot of” and “lots of” come before noncount nouns.

Top Articles
Latest Posts
Article information

Author: Reed Wilderman

Last Updated:

Views: 6340

Rating: 4.1 / 5 (52 voted)

Reviews: 83% of readers found this page helpful

Author information

Name: Reed Wilderman

Birthday: 1992-06-14

Address: 998 Estell Village, Lake Oscarberg, SD 48713-6877

Phone: +21813267449721

Job: Technology Engineer

Hobby: Swimming, Do it yourself, Beekeeping, Lapidary, Cosplaying, Hiking, Graffiti

Introduction: My name is Reed Wilderman, I am a faithful, bright, lucky, adventurous, lively, rich, vast person who loves writing and wants to share my knowledge and understanding with you.