What does FOK stand for in the cryptocurrency industry?

3 answers

• Jan 07, 2022 · 3 years ago
  FOK stands for Fill or Kill in the cryptocurrency industry. It is a type of trading order where the entire order must be filled immediately or canceled. This means that if the exchange cannot fill the entire order at the desired price, it will cancel the order instead of partially filling it. FOK orders are often used by traders who want to ensure that their orders are executed quickly and completely. They are particularly useful in volatile markets where prices can change rapidly.
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• Jan 07, 2022 · 3 years ago
  FOK is short for Fill or Kill in the cryptocurrency industry. It's a trading order that requires the entire order to be filled immediately or canceled. This means that if the exchange cannot fill the entire order at the desired price, it will cancel the order instead of partially filling it. FOK orders are commonly used by traders who want to avoid partial fills and ensure that their orders are executed in full. They are especially useful for large orders where partial fills can result in unfavorable prices.
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• Jan 07, 2022 · 3 years ago
  FOK, which stands for Fill or Kill, is a trading term used in the cryptocurrency industry. It refers to an order type where the entire order must be filled immediately or canceled. This means that if the exchange cannot fulfill the entire order at the specified price, it will cancel the order instead of executing it partially. FOK orders are popular among traders who want to ensure that their orders are either fully executed or not executed at all. They are particularly beneficial in fast-paced markets where price fluctuations can occur within seconds.
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