Galahad Metals

4 projects in Ontario, Quebec and Nevada (Gold, Silver,Copper,REE)

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Message: Re: board lot sizes... help me out here, please

From: http://www.tmxmoney.com/en/research/glossary.html

Board Lot
A standard trading unit as defined in UMIR (Universal Market Integrity Rules). The board lot size of a security on Toronto Stock Exchange or TSX Venture Exchange depends on the trading price of the security, as follows:

  • Trading price per unit is less than $0.10 - board lot size is 1,000 units
  • Trading price per unit is $0.10 to $0.99 - board lot size is 500 units
  • Trading price per unit is $1.00 or more - board lot size is 100 units

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