Fill Order
This Issue in United States
Concept of Fill or Kill Order (FOK) in Futures Trading
In this context of financial law, the following is a definition of Fill or Kill Order (FOK): An order that demands immediate execution or cancellation. Typically involving a designation, added to an order, instructing the broker to offer or bid (as the case may be) one time only; if the order is not filled immediately, it is then automatically cancelled.
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