is PendingOrder FOK?

Created at 26 Sep 2013, 12:48
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stoko

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Joined 05.07.2013

is PendingOrder FOK?
26 Sep 2013, 12:48

If PendingOrder something like FOK explained in here

http://www.investopedia.com/terms/f/fok.asp

 

Definition of 'Fill Or Kill - FOK'

A type of time-in-force designation used in securities trading that instructs a brokerage to execute a transaction immediately and completely or not at all. This type of order is most likely to be used by active traders and is usually for a large quantity of stock. The order must be filled in its entirety or canceled (killed). The purpose of a fill or kill order is to ensure that a position is entered at a desired price.

@stoko
Replies

atrader
30 Sep 2013, 16:56

RE:

stoko said:

If PendingOrder something like FOK explained in here

http://www.investopedia.com/terms/f/fok.asp

 

Definition of 'Fill Or Kill - FOK'

A type of time-in-force designation used in securities trading that instructs a brokerage to execute a transaction immediately and completely or not at all. This type of order is most likely to be used by active traders and is usually for a large quantity of stock. The order must be filled in its entirety or canceled (killed). The purpose of a fill or kill order is to ensure that a position is entered at a desired price.

They are GTC - Good till Cancelled. 

You can read more here:
http://www.schwab.com/public/schwab/resource_center/expert_insight/investing_strategies/stocks/order_types_what_they_mean_and_how_theyre_handled.html

@atrader

Spotware
01 Oct 2013, 14:54 ( Updated at: 15 Jan 2024, 14:51 )

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@Spotware
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