Fill or Kill - FOK

Fill or Kill - FOK

An order to fill a transaction immediately and completely or not at all.

Notes:

This type of order is usually for a large quantity of stock, and must be filled in its entirety or canceled (killed). Examples include market and limit orders requiring immediate executing. In reality, the fill-or-kill type of trade does not occur very often.

See also: Fill, Immediate or Cancel Order, Kill, Limit Order, Market Order, Stop Limit Order