logo

Fill-Or-Kill (FOK)

By: WEEX|2025/03/11 07:06:16
0
Share
copy

Fill-Or-Kill (FOK) is a type of order used in trading that requires the entire order to be executed immediately in its entirety or not at all. If the order cannot be filled completely at the moment it is placed, it is canceled outright. This order type is particularly advantageous for traders who want to ensure that they either obtain the full quantity of an asset they are seeking or do not engage in the trade at all. 

The defining characteristic of an FOK order is its all-or-nothing nature. When a trader places a Fill-Or-Kill order, they are signaling their intention to execute the trade at a specific price without accepting partial fills. This is especially useful in scenarios where liquidity is low or when the trader is looking for a specific price point that must be met to justify the trade. 

For instance, if a trader submits a FOK order to buy 200 shares of a stock at a specific price and only 150 shares are available at that price, the entire order will be canceled since it was not filled completely. This prevents the trader from being left with an incomplete position, which may not align with their trading strategy. 

FOK orders are often utilized by institutional traders and those engaged in high-volume trading, as they provide a clear and decisive way to enter or exit positions without the risk of partial fills. Overall, Fill-Or-Kill orders offer a straightforward approach for traders who prioritize certainty and control in their trading activities.

You may also like

What Is United Stables (U) and How Does It Work?

United Stables U Token represents a fundamental evolution in the stablecoin landscape, combining price stability with native yield generation in a single digital asset. Unlike traditional stablecoins that maintain a static 1:1 peg, U introduces an innovative hybrid collateralization model that not only preserves value but also actively generates returns for holders.

Who Owns World Liberty Financial? Exploring Ownership, WLFI Token Insights, and Market Outlook

World Liberty Financial has been making waves in the crypto space lately, especially with its WLFI token climbing…

How to Buy USOR Crypto: A Beginner’s Guide to Purchasing on WEEX Exchange

USOR crypto has caught attention lately with a sharp 34.63% price surge in the last 24 hours, pushing…

What Is USOR Crypto? Exploring the U.S. Oil Token’s Rise and Future in the Energy-Backed Crypto Space

U.S. Oil (USOR) crypto has caught attention recently with a sharp 34.63% price surge over the last 24…

Is USOR (U.S Oil) Real or Fake? Uncovering the Truth Behind This Rising Crypto Token

In the fast-paced world of cryptocurrency, new tokens like USOR (U.S Oil) often spark curiosity and skepticism. As…

Where to Buy USOR Crypto: Best Platforms and Strategies for Beginners

With USOR crypto surging 39.48% in the last 24 hours to hit $0.027753 USD, as reported by CoinMarketCap…

Popular coins

Community
iconiconiconiconiconiconicon

Customer Support Bot：@WEEX_support_smart_Bot

VIP Services：support@weex.com