Cancel

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Cancel

To void an order to buy or sell from (1) the floor, or (2) the trader/salesperson's scope. In Autex, the indication still remains on record as having once been placed unless it is expunged.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

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.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
References in periodicals archive ?
Passengers of the canceled PR410 will be reaccommodated on replacement flight PR5410 departing Cebu at 1:20 p.m.
Paju City in Gyeonggi Province offers a 50 percent discount for city tour programs to people who submit proof they have canceled a trip to Japan via email or mobile device.
The data said 29 cases of Illegal Occupation were registered, of which six (6) are under investigation, four (4) were canceled and 13 were challaned, 16 cases of Illegal Confinement were registered, of which two (2) are under investigation, three (3) were canceled and six (6) were challaned while two (2) cases of Gambling were registered and were challaned.
Club spokesman Majid Farrokhzadeh said the trip was canceled because the team could not obtain Spanish visas for all the players.
In conclusion, attorneys should request that their bank provide a copy of both sides of their trust account canceled checks to have all of the information on the back of the original canceled check and to meet the minimum trust account record requirement of Rule 5-1.2(b)(3).
BATTERY DANCE COMPANY, LOCATED JUST nine blocks from Ground Zero, canceled its annual fall fund-raising gala, which usually raises about $60,000 toward its $417,000 budget, according to former Managing Director Ron Knoth.
The 2001 World Pork Expo was canceled in an effort to be proactive and help protect the health status of the U.S.
Poor countries' unpayable debts should be canceled during this Jubilee year, argues Jo Marie Griesgraber, so resources can be used to meet their own peoples' needs.
Despite GMHC's laudable decision to close what it could not clean up, the Morning Party is the only circuit party that has been canceled.
And thus it was that in late 1994, postings began to vanish from alt.religion.scientology, occasionally with an explanation that the postings had been "canceled because of copyright infringement." To this day, it is not known who was behind the deployment of these "cancelbots," as they are known.
The National Bar Association canceled its 1997 convention in San Diego, and the National Conference of Black Lawyers pulled its October 1995 convention from Los Angeles and moved it to Washington.
In 1987, top White House officials canceled plans for a study of Agent Orange exposures by the Atlanta-based Centers for Disease Control (CDC).