Series 52: Fill-or-Kill (FOK) Order

Taken from our MSRB Municipal Securities Representative Qualification Examination

Definition of the term Fill-or-Kill (FOK) Order...

 an order in which the entire order must be executed immediately (on the first try) or cancelled, usually used with limit orders.

Since you're reading about Series 52: Fill-or-Kill (FOK) Order, you might also be interested in:

Solomon Exam Prep Study Materials for the Series 52
Please Enable Javascript
to view this content!