Lot (trade item)

The lot is the unit of trade in forex and futures markets. The term comes from the English commercial language and is translated for the word post .

On the foreign exchange market (Forex) there is a (standard) lot for normal contracts for 100,000 units of the base currency ; for the EURUSD currency pair, for 100,000 euros. Other lot sizes are mini lots of 10,000 units or micro lots of 1,000 units.

In practice it should be noted that the leverage effect does not result in e.g. B. 100,000 currency units must be used to trade a standard lot.

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• Forex Glossary: ​​Lot (mini lot, micro lot). In: Devisenhandel-Forex.de. Retrieved March 11, 2013 .