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 ?
In such a ease, wideband amplitude and phase matching in the two canceler branches is not necessary.
Level (2): This is an application of digital filter theory, but it is still just an idea on paper, namely an adaptive noise canceler. This case is still a technological building block.
Philips Broadband Networks Inc., Manlius, NY, soon will roll out the Philips Vector Echo Canceler, as the ghostbuster is called, to cable operators.
Li, "L1-Regularized STAP algorithms with a generalized sidelobe canceler architecture for airborne radar," IEEE Transactions on Signal Processing, vol.
Yang, "A reconfigurable carrier leakage canceler for UHF RFID reader front-ends," IEEE Transactions on Circuits and Systems I: Regular Papers, vol.
The active portion of the array is circular, and small sidelobe canceler arrays are within the plastic cover at the bottom of the main array.