How to Place a FAK or FOK Order

You may place either order type; "Fill and Kill" (FAK) or "Fill or Kill" (FOK)  by entering a value in the Minimum Quantity field. Open an Order Ticket, fill-out the required fields and click on the ‘Advanced Order Details’ section to expand it.

*Placing a FAK or FOK Order

Enter a value in the Minimum Quantity field as follows:
  • FAK: Minimum Quantity = Quantity
  • FOK: Minimum Quantity < Quantity
 
If there is a posted Selling Order that has at least the Quantity you put in the “Minimum Quantity”, then the order will be matched. Otherwise, the order will be terminated.