Expunge

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Expunge

Used in the context of general equities. Remove any trace of an Auto indication's existence at any time. See: Cancel.

Expunge

On AUTEX, to cancel an order such that it leaves no record either on the electronic board or in the historical archives of the board. A straight cancellation leaves a record in the archives of AUTEX, which may not be desirable for some traders who do not wish other traders to know that they were once interested in a certain transaction. Expunging the order removes this risk. See also: Cancel.
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