Helsinki Stock Exchange To Change Trading Practices

The Helsinki Stock Exchange is to commence trading in round lots of one share in order to make trading more convenient. Until now, the size of a round lot has varied by company between 10 and 2,000 shares. Following this

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The Helsinki Stock Exchange is to commence trading in round lots of one share in order to make trading more convenient.

Until now, the size of a round lot has varied by company between 10 and 2,000 shares. Following this change the current round lots practice will be abandoned.

“Trading in round lots of one share is a European standard, and its adoption on the 25th September 2006 is expected to further increase efficiency,” says a spokeswoman for SEB in Stockholm. “The use of round lot 1 will particularly benefit small investors who trade in smaller quantities as well as making it easier for the investor to buy and sell shares with the desired euro amount.”

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