Cancel


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Cancel

To void an order to buy or sell from (1) the floor, or (2) the trader/salesperson's scope. In Autex, the indication still remains on record as having once been placed unless it is expunged.

Cancel Order

An instruction from an investor to a broker to cancel a previously made order that has not yet been filled. Cancel orders are made when an investor changes his/her mind about making a transaction and decides to make a different one or none at all. It is important to issue a cancel order, especially when the replacement transaction involves the same security. Otherwise, the broker may fill both orders, perhaps resulting in a loss.
References in periodicals archive ?
House Defence Committee member Zacharias Poulias echoed EUROKO's objection stating that the decision to cancel Nikiforos was one of many peace efforts that are one-sided and come to no avail.
There are some exceptions to your right to cancel - so it is always best to check your rights with Consumer Direct.
TAKE A COURSE: Cancel recommends the two-day basic course given by the Motorcycle Safety Foundation.
We typically don't recommend paying more for Cancel for Any Reason unless a traveler's specific concerns aren't covered," adds Harvey.
Airlines cancel flights to New Orleans, Gulfport, Miss.
Continental Airlines was to cancel all flights serving Puerto Rico and St.
The Los Angeles County Metropolitan Transportation Authority recently approved a service-changing plan in the San Fernando Valley to cancel express buses.
The decision to cancel practice came a day before what is arguably the Trojans' biggest game of the season, as they play Washington tonight at the Sports Arena.
It's always more expensive to cancel a show, and you have to weigh those negatives to keeping a show around,'' Roy Rothstein, vice president and director of broadcast research at Zenith Media.
Korean Air Lines has been forced to cancel around 24 of its 240 domestic flights today and Asiana Airlines cancelled nine flights.
He claimed the order contract allows the leasing company to cancel without penalty if A380s are delivered more than six months late.
signaled yesterday that it may cancel its order for 10 A380s and could do so without penalty because of the program's delays.