FOK

An order given to a broker that must immediately be filled in its entirety or, if this is not possible, totally canceled.Fill or Kill orders require the transaction be filled completely and immediately, or not at all. Fill or Kill orders are often placed when a trader desires a large quantify of a security either are a particular price, or at a particular time.


FOK orders are canceled (killed), should the order not be fill completely at the designated price. A trader might place this type of order instead of a regular market, limit or stop order if they do not want to significantly disrupt price action.

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