Can anyone answer this one, If you are with WTS or under an LLC of one are you able to make odd lot trades under 100 shares?? Ex: 30,60,70 size odd lot orders? If so what ECN do you need to route to. Thanks
It seems that Sterling prevents you from entering entry odd-lot orders for all trading venues, even those that seemingly have no such restrictions whatsoever. I wonder whether they'd be interested in fixing this. Having to trade a minimum of 100 shares of BRK.A could be a headache for some day traders, but not me of course just kidding.
Im pretty sure its against SEC regulations for a profession trader to trade under 100 shares. But if u get filled an odd or mixed lot, u can trade out of it.
If you get a partial fill under 100 shares you can route to NASD or Arca to exit your trade. Someone correct me if I am wrong.