Fill Or Kill - FOK

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.

Without a fill or kill designation, it might take a prolonged period of time to complete a large order. In reality, however, the fill-or-kill type of trade does not occur very often. Other methods of instructing a brokerage on the time frame in which a trade is to be executed include “immediate or cancel,” which means to fill all or part of the order immediately, then cancel any part that cannot be filled, and “good ‘til canceled,” which keeps an order open until it is able to be filled at a specified price.


Investment dictionary. . 2012.

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  • fill or kill — ( FOK) The fill or kill instruction goes along with your order saying that your order must immediately be filled in its entirety or cancelled. NYSE Euronext Glossary * * * fill or kill ˌfill or ˈkill adjective informal FINANCE fill or kill orders …   Financial and business terms

  • fill or kill order — ( FOK; FOK order) A trading order that is canceled unless executed within a designated time period. A market or limited price order that is to be executed in its entirety as soon as it is represented in the trading crowd, and, if not so executed …   Financial and business terms

  • Fill or Kill order — ( FOK) Also known as a quick order, is a limit order which, if not filled immediately, is canceled. The CENTER ONLINE Futures Glossary * * * fill or kill order UK US noun [C] (ABBREVIATION FOK) STOCK MARKET ► an instruction to a broker (= someone …   Financial and business terms

  • fill-or-kill order — ( FOK) A limit order that must be filled immediately or canceled. Chicago Mercantile Exchange Glossary …   Financial and business terms

  • Fill-or-Kill — Orderzusätze oder Handelsoptionen sind Bezeichnungen, die eine Wertpapierorder genauer bezeichnen und bestimmte Bedingungen stellen, unter denen diese Order ausgeführt werden soll. Es gibt generell die Unterscheidung zwischen unlimitierten und… …   Deutsch Wikipedia

  • Fill or kill — Orderzusätze oder Handelsoptionen sind Bezeichnungen, die eine Wertpapierorder genauer bezeichnen und bestimmte Bedingungen stellen, unter denen diese Order ausgeführt werden soll. Es gibt generell die Unterscheidung zwischen unlimitierten und… …   Deutsch Wikipedia

  • Fill or kill order — A trading order that is canceled unless executed within a designated time period. Related: open order. The New York Times Financial Glossary * * * fill or kill order UK US noun [C] (ABBREVIATION FOK) STOCK MARKET ► an instruction to a broker (=… …   Financial and business terms

  • fill or kill — AND FOKphr. 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. □… …   Dictionary of American slang and colloquial expressions

  • fill or kill — /ˌfɪl ɔ: kɪl/ verb US to carry out a client’s order immediately or else the order is cancelled. Abbreviation FOK …   Dictionary of banking and finance

  • FOK — See Fill or Kill order The CENTER ONLINE Futures Glossary See: fill or kill order fill or kill order (FOK) A limit order that must be filled immediately or canceled. Chicago Mercantile Exchange Glossary FOK ( fill or kill) See …   Financial and business terms

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