Fill Or Kill (FOK)
An order to fill a transaction immediately and completely or not at all. Investopedia Says:
This type of order is usually for a large quantity of stock, and must be filled in its entirety or canceled (killed). Examples include market and limit orders requiring immediate execution. In reality, the fill-or-kill type of trade does not occur very often. Related Terms:
Canceled Order
Fill
Immediate Or Cancel Order - IOC
Kill
Limit Order
Market Order
Stop Limit Order
Stop Limit Order
Time In Force |