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 ?
McConnell goes on to say that DS1 echo cancelers can be set up to turn off the cancellation on certain channels, but this solution falls apart when the number of data devices that need the echo cancellation turned off exceeds the number of channels that have cancellation off.
The cancelers are deployed at the PSTN interface, operating in conjunction with PTT Telecom's Ericsson AXE 10 switches.
Oren's ghost canceler chip, the OR43100, is an adaptive equalizer "system-on-a-chip" designed to cancel multi-path echoes (ghosts) from NTSC or PAL television broadcasts, thereby removing multiple images, color distortion and image smearing.
designs, manufactures and markets ghost canceler ICs and adaptive equalizer ICs for the worldwide consumer television market, leveraging a strong technology foundation in patented digital filter and digital signal processing (DSP) technology.
To lessen its effects, NEC Technologies has incorporated a moire canceler circuit on both the MultiSync P750 and the MultiSync P1150.