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Subject to a (NY) Can

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Subject to a (NY) can
Contingent upon trader's ability to cancel an order (on the indicated exchange).

Subject to a (NY) Can
Informal; indicating that an offer or a bid might be canceled by a trader. A broker may make on offer to sell a stock "subject to a can," meaning that the offer might be canceled if certain conditions are not met. For example, an all-or-none offering is subject to a can.


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