Fill Or Kill - "Satisfy or Cancel"
This is a special type of order that allows for the immediate satisfaction of the entire quantity or the immediate cancellation of the placed order (if the entire order cannot be completed at once). Partial satisfaction of such an order is not possible.
Special disposition orders can be adjusted according to your requirements.
Example of use:
An investor reacts to the current market situation for bids and offers whereby he or she does not want to be exposed to the risk of partial order settlement.
If the intended trade cannot be settled completely at once (not all parameters for immediate settlement are met) - the trade will not be completed and the order will be immediately cancelled.
Placing an order:
In the buy/sell window of the order, select "Fill or Kill" from the "Special Validity" section.
