Day Order
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| When you place a Day Order you give your broker a price at which you are willing to buy or sell a stock or option at any time during that trading day. | ||
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Additional Comments:
Referring to general equities, a request to either buy or sell stock that, if not cancelled or executed the day it is placed, expires automatically.
All orders are day orders unless otherwise specified. |
Related Terms: | ||
Good Till Cancelled (GTC) - A GTC order authorizes the broker to buy or sell a position at a ... Stop Order A stop order is an order to buy or sell a stock once the price of ... Limit Order An order to buy a stock at or below a specified price or to sell a ... | ||
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