Immediate-Or-Cancel definition
Immediate-Or-Cancel means that the Order may be filled partially, but the Order must be actioned immediately, or else canceled. Any remaining portion will be canceled.
Immediate-Or-Cancel. (IOC) means an Order that will either be immediately executed or cancelled.
Immediate-Or-Cancel. , in reference to an Order, means that such Order is executed against all resting contra-Orders at the stated price or better, up to the volume designated by the Order. Any residual volume of the Order is cancelled by the DCM Trading System.
More Definitions of Immediate-Or-Cancel
Immediate-Or-Cancel means that an Order may be filled partially, but an Order must be actioned immediately, or else cancelled. Any remaining portion will be cancelled.
Immediate-Or-Cancel means that an Order may be filled partially, but an Order must be actioned immediately, or else canceled. Any remaining portion will be canceled.
Immediate-Or-Cancel or "IOC" shall mean for orders so designated, that if after entry into the System a marketable order (or unexecuted portion thereof) becomes non-marketable, the order (or unexecuted portion thereof) shall be canceled and returned to the entering participant. IOC Orders shall be available for entry from the time prior to market open specified by the Exchange on its website until market close and for potential execution from 9:30 a.m. until market close. IOC Orders entered between the time specified by the Exchange on its website and 9:30 a.m. Eastern Time will be held within the System until 9:30 a.m. at which time the System shall determine whether such orders are marketable.
Immediate-Or-Cancel. (IOC) means an Order placed with the intention that it gets executed that will either be immediately executed or cancelled.
Immediate-Or-Cancel. , in reference to an Order, means that such Order is executed against all resting contra-Orders at the stated price or better, up to the volume
Immediate-Or-Cancel or “IOC” shall mean, for an order so designated, a limit order that is to be executed in whole or in part as soon as such order is received. The portion not so executed immediately on the Exchange or another options exchange is cancelled and is not posted to the EDGX Options Book. IOC limit orders that are not designated as Book Only Orders and that cannot be executed in accordance with Rule 21.8 on the System when reaching the Exchange will be eligible for routing away pursuant to Rule 21.9.
Immediate-Or-Cancel means an Order that must be Executed pursuant to its terms immediately, or else canceled. An Immediate-Or-Cancel Order may be filled partially, but any remaining portion will be canceled.