cancel order

(redirected from countermanded)
Also found in: Dictionary, Thesaurus, Legal.
Related to countermanded: unsay

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.

cancel order

A customer order to a broker that cancels an earlier, unfilled order given by the customer.
References in periodicals archive ?
The Election Commission had countermanded those elections.
Nepal was plunged into a political crisis after a coalition government led by Maoist leader Prachanda collapsed last May after his decision to sack the country's army chief was countermanded by the president.
In the pilots' newsletter Feedback he states: "This action was countermanded by the captain.
The Election Commission had last month countermanded the Rajya Sabha polls in Jharkhand following the seizure of over Rs.
A government led by their leader Prachanda collapsed in May last year after his decision to sack the country's army chief was countermanded by President Ram Baran Yadav.
The Election Commission had last week countermanded the Rajya Sabha polls in Jharkhand following the seizure of over Rs.
Nepal's peace process hit roadblocks after the collapse of a coalition government led by Maoist leader Prachanda last May after his decision to sack the country's army chief was countermanded by President Ram Baran Yadav.
The Election Commission (EC) on Friday countermanded the Rajya Sabha polls in Jharkhand after the seizure of over two crore rupees from the car of a candidate's relative.
A government led by their leader Prachanda collapsed in May last year after his order to sack the country's army chief was countermanded by President Ram Baran Yadav.
Strauss immediately countermanded that missive in his first public appearance as England's new figurehead on Tuesday however, sparking widespread outcry.
The Israeli newspaper Haaretz, citing sources at the Prime Minister's office, claim that Netanyahu had countermanded a specific Foreign Ministry recommendation against the move.
We have reports that they can resort to some mischief, forcing the counting to be countermanded to postpone the obvious outcome, which we will not allow at any cost," he said, and added that the apprehensions had further been strengthened after Jaitley's unscheduled visit to Amritsar on Tuesday just three days prior to the counting.