Day order

Day order

In the context of general equities, request from a customer to either buy or sell stock, that, if not canceled or executed the day it is placed, expires automatically. All orders are day orders unless otherwise specified. Traders often make calls before the opening to check for renewals.

Day Order

An order to a broker to buy or sell a security that expires at the end of the trading day if not filled. For example, one may make a day order to sell a stock at $35 or better. If the stock never rises above $30, the order is not filled and expires worthless at the end of the day. If the shareholder still wishes to sell the stock the next day, he/she must make a new order.

day order

A customer order to buy or sell a security that will expire automatically at the end of the trading day on which it is entered. Day order is used when a customer prefers to reconsider an order that is not executed on the day it was placed. See also good-till-canceled order.

Day order.

A day order is an instruction you give to your broker to buy or sell a security at the market price or at a particular price you name before the end of the trading day. The order expires if it isn't filled.

In contrast, a good 'til canceled (GTC) order remains open on the broker's books until it's filled, you cancel it, or the brokerage firm's time limit for GTCs expires.

References in periodicals archive ?
With their 2 hour rush option, place your Valentine's Day order until 10pm on February 14 for guaranteed same day delivery.
I noted with interest that the Women's Day order form includes the now-familiar boilerplate, "Occasionally we give permission to qualified organizations to mail to our subscribers.
There is a two day order to delivery cycle and a 20 case minimum drop.
Busy Bees florist in Croft Road, Stockingford, Nuneaton, suffered a burst water pipe at the weekend and wedding day order forms were destroyed in the deluge.
com, Romeos and Juliets can log on right now to place their Valentine's Day order - simply specify the preferred time of delivery or pick-up (leaving plenty of time to visit the florist and find the perfect greeting card).
President of managed services at Pacnet, Jim Fagan, said : "If you have your private cloud running in Sydney and you want to interconnect to, say Amazon Web Services in Singapore via a private link rather than the public Internet you will have a 15 day order period and one- or two-year contract with fixed bandwidth.
The DVD category capped off the year by breaking the one week order record (for the week ending December 12), and by setting a single title one day order record of over 13,000 units of "Lord of the Rings, Return of the King Extended Edition" on December 14.
No florist can promise to be able to fill every single Valentine's Day order they receive -- particularly late ones," said Mr.
If the customer selects limit, they enter the limit price and can then choose whether the order is to be a day order or GTC (Good 'til Cancel).
All credit card orders call too-free 1-800-507-2665 (24 hours a day order service).
Also included under the contract is a web ordering system, custom kit assembly, inventory management and same day order processing services.
As part of the agreement SalesLink will also offer inventory management, customized reporting capabilities, custom kit assembly, kit production on the fly and same day order processing.