Home > Term: Immediate or cancel (IOC)
Immediate or cancel (IOC)
An order where the goal is to buy or sell the stated total quantity but is flexible in two distinct senses:
1.The investor will accept any partial fill.
- Part of Speech: noun
- Industry/Domain: Financial services
- Category: Funds
- Company: Merrill Lynch
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Creator
- Harry8L
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(London, United Kingdom)