Chapter 04 · Section 4.1

Restriction

Which of the following orders is the most restrictive?

a) The all-or-none order
b) The immediate-or-cancel order
• c) The fill-or-kill order
  Yes. The fill-or-kill (FOK) order contains two restrictions: entire execution (of all contracts specified) and immediate execution (as soon as the order reaches the floor). Continue

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