RE:Opening trad 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
AS you can see, 8 shares does not meet the min board lot to affect the price. below .10 we need 1000 shares. However, I have noticed matching trades from the same houses constantly that aim to manipulate the trades and keep the price down