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Paper Points to Rise of Odd Lots

Traders Magazine Online News, October 3, 2011

James Armstrong

Odd lots--which are not reported to the consolidated tape--have grown as a percentage of shares traded in recent years, and could now make up as much as 20 percent of market volume. That's according to a recent paper by Cornell University's Professor Maureen O'Hara, together with Chen Yao and Mao Ye of the University of Illinois.

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