Immediate or cancelled order (IOC order) - Used in the context of general equities. Market or limited price order which is to be executed in whole or in part as soon as such order is represented in the trading crowd. The portion not executed is to be treated as cancelled. A stop is considered an execution in this context. See: A.O.N. order, F.O.K. order.
Immediate or cancelled order (IOC order) : used in the context of general equities. market or limited price order which is to be executed in whole or in part as soon as such order is represented in the trading crowd. the portion not executed is to be treated as cancelled. a stop is considered an execution in this context. see: a.o.n. order, f.o.k. order.