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.

Examples of Immediate-Or-Cancel in a sentence

  • Orders with time-in-force conditions Day, Good-Till-Cancel, Immediate-Or-Cancel (IOC) and Good-Till-Time as well as On-open Orders (Market-On- Open (MOO), Limit-On-Open (LOO) and Imbalance On-Open Orders (IOOP)) become eligible interest for the opening auction.

  • Market orders, limit orders and market-to-limit orders in continuous trading can be defined by the following execution conditions:• Immediate-Or-Cancel order (IOC) - This is an order which is executed immediately and fully or as fully as possible.

  • Once triggered, the order will enter the book behaving as an Immediate-Or-Cancel (IOC) market order that would start matching against the best available quotes/orders on the opposite side of the book prior to cancelling the rest of the order once the available liquidity was exhausted.

  • Orders with time-in-force conditions Day, Good-Till-Cancel, Immediate-Or-Cancel (IOC) and Good-Till-Time and On-open Orders (Market-On-Open (MOO), Limit-On-Open (LOO) and Imbalance On-Open Orders (IOOP)) become eligible interest for the opening auction.

  • The client can thenutilize different order types and Time In Force (FillOrKill, ImmediateOrCancel, GoodTillCancel) commands will work on a custom basis depending on available liquidity.


More Definitions of Immediate-Or-Cancel

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 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 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, and the portion not so executed is cancelled.
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.
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 means that thean Order may be filled partially, but thean Order must be actioned immediately, or else canceled. Any remaining portion will be canceled.