cancel order

(redirected from countermanding)
Also found in: Dictionary, Thesaurus, Legal.
Related to countermanding: unsay

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 ?
Bannon warned that the ongoing investigation into alleged collusion with the Kremlin will focus on money laundering and predicted: "They're going to crack Don Junior like an egg on national TV." Other sources, speaking to Wolff over a prolonged period of unfettered access to the White House, paint a vivid picture of internecine catfights, chaos and confusion, with countermanding policies and personalities at loggerheads.
Over the weekend, Duterte said in a press briefing that he is 'countermanding the order of Bato' to retrain the scalawags in uniform.
There was Watergate in America, even that seems small, such is the scale of this scam, which is why we ask for the immediate countermanding of this election," said Javadekar, who was flanked by Union minister Sadananda Gowda and senior BJP leader Sambit Patra at the press conference.
He also mentioned that his party has three primary demands following the incident, the first of which remains to be the immediate countermanding in light of the 'organised attack against democracy'.
Zaidi also wanted countermanding of elections in these cases with specific provisions in the Representation of the People Act.
Summary: Bengaluru (Karnataka) [India], May 9 (ANI): The Bharatiya Janata Party (BJP) on Tuesday night demanded countermanding of elections in Raj Rajeshwari Nagar constituency of Karanataka in the light of latest revelations of seizure of 'fake' voter ID.
Bengaluru (Karnataka) [India], May 9 ( ANI ): The Bharatiya Janata Party (BJP) on Tuesday night demanded countermanding of elections in Raj Rajeshwari Nagar constituency of Karanataka in the light of latest revelations of seizure of 'fake' voter ID.
By withdrawing the countermanding order, the present Railway Minister has taken a challenging decision," he added.
Amritsar, May 15 ( ANI ): Former Punjab chief minister and Congress candidate for Amritsar Captain (retired) Amarinder Singh has warned the Election Commission of India about the possibility of Akali-BJP leaders and workers tampering with the vote counting process that could lead to the countermanding of counting.
Ranchi, Apr 5 ( ANI ): The Jharkhand High Court has directed the Election Commission to initiate a Central Bureau of Investigation (CBI) probe into the circumstances, which led to the countermanding of Rajya Sabha polls in the state.