Cancel Former Order - CFO
An order given by an investor instructing his/her broker to cancel a previously placed order.
CFO's are typically followed by new orders placed on the same securities. For example, if you placed a limit order to sell Cory's Tequila Corporation (CTC) at $15 and then decided that you wanted to sell it at market, then you would CFO your first order and enter in a new order to sell CTC at market.
If you change your mind about an order, CFO's are important to enter because you don't want to be transacting your securities twice.
CFO's are typically followed by new orders placed on the same securities. For example, if you placed a limit order to sell Cory's Tequila Corporation (CTC) at $15 and then decided that you wanted to sell it at market, then you would CFO your first order and enter in a new order to sell CTC at market.
If you change your mind about an order, CFO's are important to enter because you don't want to be transacting your securities twice.
附件列表
词条内容仅供参考，如果您需要解决具体问题
（尤其在法律、医学等领域），建议您咨询相关领域专业人士。
如果您认为本词条还有待完善，请 编辑
上一篇 Call Money 下一篇 Cash-And-Carry-Arbitrage