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Immediate or cancel. An immediate or cancel (IOC) order, also known as an "accept order", [1] is a finance term used in investment banking or securities transactions that refers "an order to buy or sell a stock that must be executed immediately". In case the entire order is not available at that moment for purchase a partial fulfillment is ...
In investment, a good ’til cancelled (GTC) order is an order to buy or sell a security at a specified price which remains in effect until executed or cancelled by the investor. [1] In other words, a GTC order will continue indefinitely until the specified parameters are met, whilst a normal day order would cancel automatically after the ...
86 (term) Eighty-six or 86 is American English slang used to indicate that an item is no longer available, traditionally from a food or drinks establishment, or referring to a person or people who are not welcome on the premises. Its etymology is unknown, but seems to have been coined in the 1920s or 1930s.
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Fill or kill. A fill or kill (FOK) order is "an order to buy or sell a stock that must be executed immediately"—a few seconds, customarily—in its entirety; otherwise, the entire order is cancelled; no partial fulfillments are allowed. [1] Characterized as "extreme orders", FOK orders are "most commonly used when your order is for a large ...
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