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Fill or Kill




(FOK) - An order where a precise number of contracts must be filled or the order is cancelled.

This order says that the client will not accept less than the entire quantity in the order, and there isa rush to get it filled. Essentially it has to be filled upon first presentation in the trading crowd orreturned to the registered rep who wrote the ticket as killed.

Related Terms:

All or None
(AON) - This order says that the client will not accept less than the entire quantity ...

Contingency Order
When you place a stock or option order you can choose to place contingencies on that ...

Good Till Cancelled
(GTC) - A GTC order authorizes the broker to buy or sell a position at a ...





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