In a stock market, most transactions are conducted in lot sizes. In the case of the Singapore market, most lot sizes is actually 1000 shares, as compared to the US market for example, which tends to use 100 shares per lot.

For example, if you want to buy a stock X that cost $1.50, you would have to buy 1 lot at a time. Thus, 1 lot of stock X would cost you 1 x 1000 x $1.50 = $1500. This is before commissions though.

In certain stock the lot size might be 100 shares or 10 shares or other lot sizes. This would then be denoted on the stock symbol itself.

A few examples are,

GLD 10US$, which means 1 lot is 10 shares and it is priced in US$
JMH 400US$, which means 1 lot is 400 shares, and it is priced in US$
Shang Asia 2k HK$, which means 1 lot is 2000 shares, and it is priced in HK$

Thus, don't try to act cool in front of your remisier and ask him to buy 1 lot. Just tell him straight, how many shares you want to buy.

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