Fill or Kill Order (FOK)

What is Fill or Kill Order (FOK)?

Fill or Kill Order (FOK) meaning An order that demands immediate execution or cancellation. Typically involving a designation, added to an order, instructing the broker to offer or bid (as the case may be) one time only; if the order is not filled immediately, it is then automatically cancelled.

 

reference: U.S. COMMODITY FUTURES TRADING COMMISSION – CFTC Glossary