释义 |
fill or kill
fill or killIn stock trading, an instruction to fill an order in its entirety at once and, if that cannot be done, to cancel it. No, we have to cancel this order now—it was fill or kill.See also: fill, killfill or kill and FOK phr. a broker’s notation advising the stock exchange to fill a stock order or kill it. (The abbreviation is an initialism. Securities markets.) Get rid of this order. It was fill or kill, and it should have been killed yesterday. See also: fill, killFill or kill
Fill or KillAn order to a broker to buy or sell a security or derivative, usually in large quantities, in which investors have a short period of time to partially or completely fulfill the order before it is cancelled. An FOK may be considered the opposite of a good 'til cancelled (GTC) order; it differs from an immediate or cancel (IOC) order because an IOC may only be partially filled, while an FOK must be entirely filled or the whole offer is void. An FOK is considered a type of day order, but has a much shorter time frame. See also: All-or-None Offering.Fill or kill (FOK).If an investor places an FOK order, it means the broker must cancel the order if it can't be filled immediately. This type of order is typically used as part of a trading strategy requiring a series of transactions to occur simultaneously. AcronymsSeeFOK |