|
|
Fill or kill order (FOK) |
|
|
|
 Home Site Map Add Term Search About Us Contributors |
Fill or kill order (FOK)A trading order that is canceled unless executed within a designated time period. A market or limited price order that is to be executed in its entirety as soon as it is represented in the trading crowd, and, if not so executed, is to be treated as canceled. For purposes of this definition, a stop is considered an execution. Equivalent to AON and IOC simultaneously.Fill or kill order (FOK) Similar MatchesEither or orderEither or orderUsed in the context of general equities. See: Alternative order. OrderOrderInstruction to a broke../../finance-glossary/dealer to buy, sell, deliver, or receive securities or commodities that commits the issuer of the "order" to the terms specified. See: indication, inquiry, bid wanted, offer wanted. Designated order turnaround system (DOT)Designated order turnaround system (DOT)Computerized order entry system that allows orders to buy or sell large baskets of stock to be transmitted immediately to the specialist on the exchange, where execution will occur quickly, depending on the basket size. Also used for odd-lot transactions to occur at the prices and quantities available. See: AOS. Significant orderSignificant orderAn order to buy or sell a large enough quantity of securities that the price of the security may be affected. Institutional investors usually spread out such an order over a few days or weeks to avoid adverse pressures on the buy or sell price. General OrderGeneral OrderA penalty imposed on imported goods that are not promptly cleared through customs. Further SuggestionsOrder Book OfficialContingent order Border price Split order Any part of order Working order Sell order On the opening order Spread order Good til cancelled order (GTC) Purchase order Stop loss order Day order Sell limit order market order Time order Super Designated Order Turnaround System stop order Market on Close (MOC) order day order Money order Market order go along or participating Buy minus order Stop limit order Cease and desist order |
|
|
|