Day order

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 ?
This marks the first time that a no driving day order has been issued by authorities this year.
I noted with interest that the Women's Day order form includes the now-familiar boilerplate, "Occasionally we give permission to qualified organizations to mail to our subscribers.
Using an order grouping algorithm designed to meet Grocery Gateway's next day order turnaround requirement, OPS minimizes the travel path for picers.
Busy Bees florist in Croft Road, Stockingford, Nuneaton, suffered a burst water pipe at the weekend and wedding day order forms were destroyed in the deluge.
President of managed services at Pacnet, Jim Fagan, said : "If you have your private cloud running in Sydney and you want to interconnect to, say Amazon Web Services in Singapore via a private link rather than the public Internet you will have a 15 day order period and one- or two-year contract with fixed bandwidth.
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.