KATHMANDU, July 17: Nepal Stock Exchange (NEPSE) has made odd lot trading more convenient. From Thursday onward, buy and sell orders for odd lot shares are now visible on the market depth section of NEPSE’s website.
With this update, trading of 1 to 9 shares has become easier. Investors can now check NEPSE’s website and match the number and price of shares they hold (between 1 to 9 units) through the TMS (Trade Management System) for smooth execution.
Odd lot shares to be traded in regular hours
NEPSE stated that the new feature will make trading simpler for investors dealing in odd lots.
According to the Securities Trading Regulation 2075 BS, transactions involving fewer than the standard lot sizes—100 units for shares with a face value of Rs 10, 10 units for Rs 100 face value, and 1 unit for Rs 1,000 face value—are defined as odd lot trading.
The regulation also mentions that odd lot transactions are excluded from price limit adjustments and market index calculations.
Furthermore, the rule prohibits breaking standard share units into odd lots for the purpose of trading.
