Fill or Kill order is an order to sell or purchase an stock completely and immediately. If it is not executed, then the order is killed or cancelled. FOK is a combination of all-or-none (AON) and immediate-or-cancel (IOC) and is usually used by active traders with large amounts of stock. Without FOK, it may take a long time to complete large orders, which can significantly change the stock's price, resulting in market disruption.
주문 즉시 전부 체결 또는 전부 자동 취소
Fill or Kill order is an order to sell or purchase an stock completely and immediately. If it is not executed, then the order is killed or cancelled. FOK is a combination of all-or-none (AON) and immediate-or-cancel (IOC) and is usually used by active traders with large amounts of stock. Without FOK, it may take a long time to complete large orders, which can significantly change the stock's price, resulting in market disruption.