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What is an immediate or cancel order (IOC)?

The immediate-or cancel (IOC) time in force applied to an order dictates that any portion of the order that does not fill immediately will be canceled.

Jason Toledo

Jason Toledo

Jason brings more than 15 years of experience in online trading. Prior to starting ToledoTrade in 2019, Jason held senior and executive level positions at Scottrade, OptionsHouse and Zacks Trade. Jason is passionate about educating self-directed traders and is a leader and expert in the online trading industry.