fill or kill order

fill or kill order
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. Bloomberg Financial Dictionary
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An order submitted to the order book with a specified size and at the option of the member firm, a specified limit price which either executes in its entirety against eligible orders at the price of those orders or is rejected in full from the order book. Exchange Handbook Glossary
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An order submitted to the electronic order book with a specified size and, at the option of the member firm, a specified limit price which either executes in full against eligible orders at the price of those orders or is rejected in full from the order book. London Stock Exchange Glossary

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fill or kill order UK US noun [C] (ABBREVIATION FOK) STOCK MARKET
an instruction to a broker (= someone who buys and sells shares, etc. for other people) to buy or sell particular stocks or shares immediately: »

But unlike a fill or kill order, it isn't cancelled if it's not executed immediately.


Financial and business terms. 2012.

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Look at other dictionaries:

  • fill-and-kill order — ( FAK) At order entry, the order is executed to the extent possible; the remainder (if any) is canceled. Chicago Mercantile Exchange Glossary …   Financial and business terms

  • fill-or-kill order — ( FOK) A limit order that must be filled immediately or canceled. Chicago Mercantile Exchange Glossary …   Financial and business terms

  • Fill or kill order — A trading order that is canceled unless executed within a designated time period. Related: open order. The New York Times Financial Glossary * * * fill or kill order UK US noun [C] (ABBREVIATION FOK) STOCK MARKET ► an instruction to a broker (=… …   Financial and business terms

  • Fill or Kill order — ( FOK) Also known as a quick order, is a limit order which, if not filled immediately, is canceled. The CENTER ONLINE Futures Glossary * * * fill or kill order UK US noun [C] (ABBREVIATION FOK) STOCK MARKET ► an instruction to a broker (= someone …   Financial and business terms

  • Fill Or Kill - FOK — A type of time in force designation used in securities trading that instructs a brokerage to execute a transaction immediately and completely or not at all. This type of order is most likely to be used by active traders and is usually for a large …   Investment dictionary

  • fill or kill — ( FOK) The fill or kill instruction goes along with your order saying that your order must immediately be filled in its entirety or cancelled. NYSE Euronext Glossary * * * fill or kill ˌfill or ˈkill adjective informal FINANCE fill or kill orders …   Financial and business terms

  • Fill or kill — is an instruction to fill an investor s order in its entirety or cancel it, customarily in a few seconds. Fill or kill orders are used by day traders hoping to scalp the markets in short durations.External links*… …   Wikipedia

  • Fill-or-Kill — Orderzusätze oder Handelsoptionen sind Bezeichnungen, die eine Wertpapierorder genauer bezeichnen und bestimmte Bedingungen stellen, unter denen diese Order ausgeführt werden soll. Es gibt generell die Unterscheidung zwischen unlimitierten und… …   Deutsch Wikipedia

  • Fill or kill — Orderzusätze oder Handelsoptionen sind Bezeichnungen, die eine Wertpapierorder genauer bezeichnen und bestimmte Bedingungen stellen, unter denen diese Order ausgeführt werden soll. Es gibt generell die Unterscheidung zwischen unlimitierten und… …   Deutsch Wikipedia

  • fill or kill — AND FOKphr. a broker’s notation advising the stock exchange to fill a stock order or kill it. (The abbreviation is an initialism. Securities markets.) □ Get rid of this order. It was fill or kill, and it should have been killed yesterday. □… …   Dictionary of American slang and colloquial expressions

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