Immediate Or Cancel Order (IOC)
An order requiring that all or part of the order be executed immediately after it has been brought to the market. Any portions not executed immediately are automatically cancelled. Investopedia Says:
This is used for large orders where filling quickly can be difficult. Related Terms:
All Or None Order
Fill or Kill
Good This Week - GTW
Limit Order
Market If Touched - MIT
Market Order
Split Block Pricing
Stop Order
Sweep-To-Fill Order |