Trading & MarketsPregunta 91 de 125
A 'fill-or-kill' (FOK) order instructs the broker to:
a.Fill the order over the course of the day
b.Fill part of the order and cancel the rest
c.Execute the entire order immediately and completely, or cancel it entirely
d.Hold the order until a better price appears
Explicación
A fill-or-kill order must be executed in its entirety immediately, or it is canceled outright; partial fills are not permitted. It differs from an immediate-or-cancel order, which allows partial execution, and from an all-or-none order, which does not require immediate execution.
Practica las 125 preguntas gratis — sin registro.
Preguntas relacionadas de este tema
- A specialist or designated market maker (DMM) on an exchange is responsible for:
- The primary market is where:
- A stock trading 'ex-rights' means the stock:
- A reverse stock split (for example, 1-for-5) results in a shareholder holding:
- A tender offer is:
- When a company pays a cash dividend, on the ex-dividend date the opening stock price is typically:
Última revisión: · proceso editorial
Equipo Editorial de PrepPass · Verificado con FINRA Series 7 General Securities Representative Exam · Cómo revisamos