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IOC order |
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IOC orderSee: Immediate or canceled orderIOC order Similar MatchesAlternative orderAlternative orderUsed in context of general equities. Order giving a broker a choice between two courses of action, either to buy or sell, never both. Execution of one course automatically eliminates the other. An example is a combination buy limit/buy stop order, where the buy limit is below the current market and the buy stop is above. If the order is for one unit of trading, when one part of the order is executed on the occurrence of one alternative, the order on the other alternative is to be treated as cancelled. If the order is for an amount of more than one unit of trading, the number of units executed determines the amount of the alternative order to be treated as cancelled. See: Either-or order. Border priceBorder priceThe price of a good at a country's border. Not held order (NH order)Not held order (NH order)Applies mainly to international equities. Market or limit order in which the customer does not desire to transact automatically at the inside market (market held) but instead has given the trader or floor broker (listed stock) time and price discretion in transacting on a best-efforts basis. This will not hold the broker responsible for missing the price within the limits (limit not held) or obtaining a worse price (market not held). The order is marked "not held, disregard tape/DRT, take time" or bears any such qualifying notation, excluding "or better." See: Held order. Negotiable Order of Withdrawal Account (NOW)Negotiable Order of Withdrawal Account (NOW)An interest-earning account on which chechs may be drawn. Withdrawals from NOW accounts may be offered by commerical banks, mutual savings banks, and savings and loan associations and may be owned only by individuals and certain nonprofit organizations and govermental units. Significant order imbalanceSignificant order imbalanceA large number of buy or sell orders for a stock that cause an abnormally wide spread between bid and offer prices, and often causes the exchange to halt the sale of the stock until significant balance has been reestablished. Further SuggestionsTime orderSell order Orderly Marketing Arrangement Open (good till cancelled) order (GTC order) Either or order Split order Pecking order view (of capital structure) Cease and desist order Do Not Reduce Order (DNR Order) Order Book Official Immediate or canceled order (IOC order) Order splitting General Order Buy limit order Switch order Order Parameter Cross border risk Limit order information system Automated Order System (AOS) On the opening order Scale order Small Order Execution System (SOES) limit order Limited price order Stop limit order |
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