The Nepal Stock Exchange (NEPSE) has made trading of odd lot shares—those fewer than the standard trading units—more convenient starting Thursday. With the latest update, buy and sell orders for odd lot shares are now visible on the market depth section of NEPSE’s official website. This means investors can now easily view current prices and volumes for odd lot shares and carry out trades more smoothly using the Trade Management System (TMS).
This move particularly benefits small investors who wish to trade between 1 to 9 units of shares, making the process more transparent and accessible. NEPSE believes this new feature will simplify trading and encourage greater participation from individual investors who often hold such small quantities.
As per the Securities Trading Regulation 2075 BS, odd lot trading includes any transaction involving fewer than:
- 100 units for shares with a Rs 10 face value,
- 10 units for Rs 100 face value shares, and
- 1 unit for Rs 1,000 face value shares.
The regulation also clearly states that odd lot trades do not impact price limits or market index calculations, and it prohibits splitting regular lots into odd lots just for trading purposes.
This improvement is expected to enhance liquidity and efficiency in the Nepalese stock market, particularly for retail investors dealing with small quantities of shares.
