You
can set the time in force for MARKET or LIMIT orders as IOC.
This dictates that any portion of the order not executed immediately
after it becomes available on the market will be cancelled.
For
information on how to create IOC orders, please refer to the
Example
At
10:00 AM Tuesday, you transmit an IOC BUY limit order for
1000 shares of stock XYZ. The order is received and becomes
available for trading at 10:00:15. Five hundred shares execute
immediately at your limit price. The remainder of the order
(500 shares) is cancelled.
Note:
Any stock or option symbols displayed are for illustrative
purposes only and are not intended to portray a recommendation.
