cancel order

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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.

cancel order

A customer order to a broker that cancels an earlier, unfilled order given by the customer.
References in periodicals archive ?
The disturbances countermanded by the MK 4 are usually environmental or structure-borne, invading the space where sensitive instruments operate, such as MRI facilities, semiconductor manufacturing sites, and electron beam microscopy laboratories.
Because he noticed that Sison would agree to one thing, and then would change his mind the next day, as if his position were being countermanded by the CPP/NPA/NDF on the ground.
Mumbai: The Pune-based College of Military Engineering (CME) has countermanded the results of the recruitment examination for Group-C civilian employees, following the leakage of question papers.
President Ahmadi-nejad's attempt to get rid of Intelligence Minister Heydar Moslehi, countermanded by Supreme Leader Ali Khamenehi, appears to have given a big boost to opponents of the president.
This order has, however, been countermanded and reinforced several times.
The deadlock is a culmination of a yearlong crisis in Nepal that started after the government led by Maoist Chairman Prachanda collapsed in May last year after his order to sack the country's army chief was countermanded by President Ram Baran Yadav.
I only ask the question because the one thing certain about advice on food and drink is that it will be countermanded by the next piece of research on whatever the subject might be.
Gertrude Parish in Chicago, who said that if George countermanded any recommendation by the archdiocesan review board to remove an accused priest, "that doesn't need an apology, that needs a resignation.
President Gerald Ford signed an order prohibiting foreign assassinations 25 years ago, but that could be countermanded by any subsequent presidential order.
I then tried to talk to him and found he had countermanded my instructions and was on his way to go on holiday.
And what happened when McFarlane told Reagan that his presidential order, approved at a White House meeting, had been countermanded by Weinberger?
By an order countermanded too late, Cordelia is hanged in prison and Lear, broken - hearted, dies soon after.