What is IOC in the Share Market ? Immediate or Cancel Orders

What is IOC in the Share Market ? Immediate or Cancel Orders

Investors in the stock market all strive to accomplish their orders as quickly and efficiently as possible. Immediate or Cancel (IOC) order is one such tool at their disposal. Getting to know about what is ioc in share market can help traders and investors make better choices while trading.

In this article, we shall look at what is ioc in share market, their relevance, and how traders can use them for successful trading strategies.

WHY SMC

  • 20 Lac+ unique clients
  • 33+ Years of Serving
  • Advance Technical Analysis
  • Free Demat Account


What is ioc in share market?

IOC stands for Immediate or Cancel. It is a type of securities trading order that affords investors flexibility and control over their trades. In an IOC Order, an investor tells his/her broker to execute the transaction immediately at the best price available. However, if the whole order cannot be executed immediately, then it is canceled rather than being left open.

In that aspect do these orders differ from others like Limit Orders or Market Orders since it remains active until it has been either filled wholly or expired unlike in other types of investments. Traders who want to avoid partially filled positions or lengthy exposures to movements in the value of a security find IOC in share market particularly helpful.

WHY SMC

  • 20 Lac+ unique clients
  • 33+ Years of Serving
  • Advance Technical Analysis
  • Free Demat Account


SMC Global Securities a financial service provider offers advanced tools to utilize making IOC Orders. Their trading platform has many features that enable investors to place IOC orders easily and without any trouble.

How to use SMC Global for IOC:

  • Login to your SMC Account
  • Navigate to the trading section
  • Select the IOC Order
  • Enter the order details
  • Review and Confirm

WHY SMC

  • 20 Lac+ unique clients
  • 33+ Years of Serving
  • Advance Technical Analysis
  • Free Demat Account


What is IOC validity in share market?

For investors or traders getting to know What is ioc validity in share market is important as it can help them plan their investments accordingly. IOC validity in share market refers to the set time frame within which an IOC order can be placed. Generally, IOC orders are only valid for a certain period of time and time is also very short, it lasts for merely seconds or minutes. The broker or the trader can attempt to execute it as soon as the IOC is placed. If the IOC cannot be filled completely within the given time, the portion that remains unfilled is automatically canceled.

Quick execution and cancellation facility ensures that the order will not be left for an indefinite period but investors can get the best price as of now. However, this means that investors must act with haste and certainty when using IOC orders. This is how the IOC validity in share market affects the investors and the traders.

WHY SMC

  • 20 Lac+ unique clients
  • 33+ Years of Serving
  • Advance Technical Analysis
  • Free Demat Account


Conclusion:

In the stock market, one must be quick and efficient. Therefore, IOC in stock market are a useful tool for acting rapidly in the execution process while they prevent situations where a trade stays partially executed or exposed to risk over an extended period. Whether you’re just starting out or have been trading for years, integrating IOC orders into your trading toolkit is important in gaining confidence and accuracy in dealing with complexities of the stock exchange market.

The clients are offered with advanced trading tools like IOC orders through our user-friendly online platform at SMC Global Securities. By strategically using these tools, traders can effectively develop their trading style and capitalize on market opportunities.

Reference :

https://www.indiainfoline.com/knowledge-center/share-market/what-is-ioc-in-the-share-market
https://www.investopedia.com/terms/i/immediateorcancel.asp#:~:text=Immediate%2Dor%2Dcancel%20(IOC,possible%20at%20current%20market%20prices
https://www.angelone.in/finance-wiki/trading-terms/immediate-or-cancel-ioc-order

Author:
All Content is verified by SMC Global Securities.

Open Free Demat Account