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Fill or Kill (FOK) Order
In finance, "FOK" refers to a tradable limit order that aims to maximize stock trading upon entry. However, any unfilled volume will be immediately canceled or "killed". This ensures that the investor's desired amount of stock is traded, while also preventing any potential losses from remaining unfilled orders. Essentially, the "FOK" order prioritizes efficiency and minimizes risk for the investor. It is a useful tool for managing trades in the stock market.
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