Bunching
The combining of odd-lot or round-lot orders for the same security so that they may be executed at the same time. Investopedia Says:
Brokers cannot bunch orders together unless all the affected investors have agreed. The advantage of bunching is that brokers can save clients who have issued small orders from additional fees by combining orders so that they form a round-lot. Related Terms:
Lot
Odd Lot
Round Lot |