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 ?
In two earlier rounds of crackdown this year,licences of nearly 13,470 NGOs were cancelled for alleged violation of FCRA.
The figures are for routine operations cancelled on or after the day the patient was admitted to hospital, including the day of surgery, for non-clinical reasons.
Experts say the rises should act as a warning sign as temperatures are set to plummet next week and with 122 urgent operations cancelled across the country.
As of Tuesday, more than 13,700 flights had been cancelled as Hurricane Sandy made landfall in the US.
Etihad Airways said its flights, EY11 (02:40) from Abu Dhabi to London and the return flight EY12 (09:15) from London to Abu Dhabi were cancelled yesterday.
The Freedom of Information response from the council revealed that, in 2004, there were 42,839 tickets issued and 10,740 cancelled; in 2005 there were 48,704 tickets issued and 10,316 cancelled; in 2006, there were 46,969 tickets issued and 10,490 cancelled; in 2007, 41,142 tickets were issued and 9,490 cancelled; in 2008, there were 39,590 tickets issued and 9,757 cancelled, and last year saw 36,623 tickets issued and 8,652 cancelled.
Nationally, 77,302 operations were cancelled for non-clinical reasons nationwide.
Another 3,946 were due to issues with equipment, 11,370 related to staffing, 404 operations were cancelled because the patient's notes were missing and 11,585 were due to patient-related problems.
The Tories extrapolated the data across 171 hospital trusts in England, saying around 105,000 operations were estimated to have been cancelled for non-clinical reasons in 2007/08.
British Airways cancelled its entire domestic schedule from LHR as well as some European flights.
Finding it "clear" that Capital had some basis in the cancelled contracts, the Third Circuit stated that the IRS would do well to quantify its objections to Capital's valuation; otherwise, "it would seem that the Tax Court will have little choice but to grant Capital its claimed deduction.
In a recent occurrence, the FTB accepted a copy of the bank's stop-payment order that was submitted, along with a replacement check and all penalties and interest were cancelled.