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.

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.
References in periodicals archive ?
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.
American Ballet Theatre, recognizing a decline in expected revenue, has canceled a planned $400,000 all-Stravinsky program that included a sumptuous production of The Firebird scheduled for June.
And the real reason it was canceled is quite clear.
However, it could not be confirmed that why Prime Minister Nawaz Sharif suddenly canceled his Karachi visit.
Sampson noted that inclement weather is the usual cause for canceled classes, but for the notoriously soggy state of Washington, nice weather is "just as significant.
Another Air Philippines flight to Caticlan and its return trip to Manila were also canceled.
19 bound for Akita, northeastern Japan, from Tokyo was canceled, while the 14 other runs were canceled between Akita and Morioka, according to the railway operator known as JR East.
The modernization of the Boron High School campus was canceled by the state because state officials said the district was tardy in sending project plans back to the state.
The board and management responded with fiscal responsibility and serious cuts--for two years they canceled the company's engagements at City Center and they canceled the Houston Cullen Contemporary Series in the mid-nineties.
Now, under the new tax measure, Schmalz said, borrowers may defer the impact of canceled debt by reducing the appreciable basis by the same amount of the canceled debt.
The Tax Court concurred with the Service's alternative position that the notes were canceled in accordance with Sec.
No income from the canceled notes was reported on Frane's final return or the estate's income tax return.