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.

Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.

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.

Mentioned in ?

References in classic literature ?

The doctor who came to see her that day ordered her to continue the powders he had prescribed a fortnight previously.

View in context

Logan, as commander-in-chief of the GAR, a Union veterans organization, issued General Order Number 11, the Memorial Day Order, on May 5, 1868 from the GAR Headquarters in Washington, D.C.

Gen. John A. Logan considered creator of Memorial Day

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This marks the first time that a no driving day order has been issued by authorities this year.

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Day Order: If this order hasn't been filled by the end of the trading day, it terminates automatically.

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Day order: An order to buy or sell securities without a time notation.

Setting limits

Carpio warns: Chinese Politburo could one day send its Navy to police South China Sea !-- -- (philstar.com) - November 24, 2018 - 5:23pm MANILA, Philippines Acting Supreme Court Chief Justice Antonio Carpio on Saturday warned that China could one day order its Navy to enforce its sweeping claim to most of the disputed South China Sea, which is widely seen by experts as a potential regional flash point.

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