An order that must be filled immediately in its entirety,or otherwise must be canceled,is known as:
A)an immediate or cancel order.
B)an all or none order.
C)a fill or kill order.
D)a full or bust order.

Question

Quizplus · Accepted Answer

A fill or kill order is an order that must either be fully executed immediately or canceled ("killed"). It is often used by traders who do not want partial fills or to hold positions for an extended period. Option A) "an immediate or cancel order" is similar but allows for partial fills. Option B) "an all or none order" is also similar, but it allows for a longer time frame for the order to be filled. Option D) "a full or bust order" is not a commonly used term in finance.

An Order That Must Be Filled Immediately in Its Entirety,or