Common use of Fill or Kill Clause in Contracts

Fill or Kill. the order might be executed by the specified volume only. If there is not enough trading instrument volume in the market the order won’t be executed. The require volume might be composed of several offers available now from the liquidity provider. In such case the execution is performed at the following price levels until the specified volume will be fully achieved. If several transactions are executed simultaneously the averaged order execution price returns to the Client.

Appears in 2 contracts

Sources: Trading Activity Performance Agreement, Trading Activity Performance Agreement