Day order

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Day order

In the context of general equities, request from a customer to either buy or sell stock, that, if not canceled or executed the day it is placed, expires automatically. All orders are day orders unless otherwise specified. Traders often make calls before the opening to check for renewals.

Day Order

An order to a broker to buy or sell a security that expires at the end of the trading day if not filled. For example, one may make a day order to sell a stock at $35 or better. If the stock never rises above $30, the order is not filled and expires worthless at the end of the day. If the shareholder still wishes to sell the stock the next day, he/she must make a new order.

day order

A customer order to buy or sell a security that will expire automatically at the end of the trading day on which it is entered. Day order is used when a customer prefers to reconsider an order that is not executed on the day it was placed. See also good-till-canceled order.

Day order.

A day order is an instruction you give to your broker to buy or sell a security at the market price or at a particular price you name before the end of the trading day. The order expires if it isn't filled.

In contrast, a good 'til canceled (GTC) order remains open on the broker's books until it's filled, you cancel it, or the brokerage firm's time limit for GTCs expires.

References in periodicals archive ?
Pancake Day orders from Tesco, Sainsbury's, Morrisons and Asda have soared in the space of 12 months - 500% up on this time last year, equating to more than 200,000 litres of maple syrup being bought by UK shoppers since January.
It was Thursday and crunch time for Mother's Day orders had descended on Sprout and other area florists.
As an example, when the company pushed early purchase of Father's Day gifts by sending a "free shipping" offer for early orders, the company was able to identify that the offer boosted its Father's Day orders.
Once again, AmeriCold Logistics was chosen the best among Gorton's third party service providers for on-time receipt and shipment confirmation, on-time cut notification, fewest shipping errors, least number of cases damaged/recouped, lot adjustments, invoice accuracy, inbound turn time, productivity improvements, claims settlement, management of changed orders, and same day orders processed.
The restrictions, which will take effect until the stock fetches its first quote, are composed of a ban on trading by securities houses for their own accounts and the collection of payments from investors on the day orders are placed.
For example, Xanthus one day orders Aesop to prepare the best banquet available.
Washington experienced problems only once when shopping via direct mail, and that was when her Valentine's Day orders didn't arrive when scheduled.
Every day orders are processed, turned around, and delivered within 24 hours .
Bankruptcy Court for the Southern District of New York has issued a variety of first-day orders requested by the Company (the First Day Orders ).
Company Granted Interim Approval of Debtor-in-Possession Financing; Approval of First Day Orders Allows Company to Continue Regular Business Operations
Last year, the Company shipped approximately 140,000 Valentine's Day orders comprised of BearGram, PajamaGram, Calyx & Corolla and TastyGram gift packages.