BROWSE

Kill

What is 'Kill'

To cancel a trade or order that has been placed, but not filled. A trader or investor may desire to kill an unfilled order when the market has moved against him or her (or merely because he or she has changed his or her mind), especially if the order is a market order rather than a limit order. Given the split seconds with which orders are executed today, a kill command needs to be sent almost instantly after the buy or sell order has been transmitted. Even then, there is no guarantee that the original order will be killed.

Explaining 'Kill'

It may be especially difficult to kill unfilled orders in volatile markets with heavy volumes. This is because exchanges are sometimes unable to handle exceptionally heavy volumes; in such situations, the trader may be unable to receive confirmation of whether his or her original order was filled, or whether it has been killed. Note that the trader or investor is liable for the order once it has been filled.


Further Reading


Does speed kill? Lending booms and their consequences in Croatia
www.sciencedirect.com [PDF]
… Does speed kill? Lending booms and their consequences in Croatia … The Latin American experience. Current Issues in Economics and Finance, 8 (2001), pp. 1-6. Google Scholar. Dages et al., 2000 Dages, BG, Goldberg, L., Kinney, D., 2000 …

The normative economics of health care finance and provisionThe normative economics of health care finance and provision
www.jstor.org [PDF]
… Does speed kill? Lending booms and their consequences in Croatia … The Latin American experience. Current Issues in Economics and Finance, 8 (2001), pp. 1-6. Google Scholar. Dages et al., 2000 Dages, BG, Goldberg, L., Kinney, D., 2000 …

What does not kill us makes us stronger: the story of repetitive consumer loan applicationsWhat does not kill us makes us stronger: the story of repetitive consumer loan applications
www.tandfonline.com [PDF]
… Does speed kill? Lending booms and their consequences in Croatia … The Latin American experience. Current Issues in Economics and Finance, 8 (2001), pp. 1-6. Google Scholar. Dages et al., 2000 Dages, BG, Goldberg, L., Kinney, D., 2000 …

'And they kill me, only because I am a girl'… a review of sex-selective abortions in South Asia'And they kill me, only because I am a girl'… a review of sex-selective abortions in South Asia
www.tandfonline.com [PDF]
… Does speed kill? Lending booms and their consequences in Croatia … The Latin American experience. Current Issues in Economics and Finance, 8 (2001), pp. 1-6. Google Scholar. Dages et al., 2000 Dages, BG, Goldberg, L., Kinney, D., 2000 …

The international tropical timber organization: Kill or cure for the rainforests?The international tropical timber organization: Kill or cure for the rainforests?
www.cabdirect.org [PDF]
… Does speed kill? Lending booms and their consequences in Croatia … The Latin American experience. Current Issues in Economics and Finance, 8 (2001), pp. 1-6. Google Scholar. Dages et al., 2000 Dages, BG, Goldberg, L., Kinney, D., 2000 …

Curbing autophagy and histone deacetylases to kill cancer cellsCurbing autophagy and histone deacetylases to kill cancer cells
www.tandfonline.com [PDF]
… Does speed kill? Lending booms and their consequences in Croatia … The Latin American experience. Current Issues in Economics and Finance, 8 (2001), pp. 1-6. Google Scholar. Dages et al., 2000 Dages, BG, Goldberg, L., Kinney, D., 2000 …

Regulatory T cells are redirected to kill glioblastoma by an EGFRvIII-targeted bispecific antibodyRegulatory T cells are redirected to kill glioblastoma by an EGFRvIII-targeted bispecific antibody
www.tandfonline.com [PDF]
… Does speed kill? Lending booms and their consequences in Croatia … The Latin American experience. Current Issues in Economics and Finance, 8 (2001), pp. 1-6. Google Scholar. Dages et al., 2000 Dages, BG, Goldberg, L., Kinney, D., 2000 …

Licence to kill: About accreditation issues and James BondLicence to kill: About accreditation issues and James Bond
www.tandfonline.com [PDF]
… Does speed kill? Lending booms and their consequences in Croatia … The Latin American experience. Current Issues in Economics and Finance, 8 (2001), pp. 1-6. Google Scholar. Dages et al., 2000 Dages, BG, Goldberg, L., Kinney, D., 2000 …

How imiquimod licenses plasmacytoid dendritic cells to kill tumorsHow imiquimod licenses plasmacytoid dendritic cells to kill tumors
www.tandfonline.com [PDF]
… Does speed kill? Lending booms and their consequences in Croatia … The Latin American experience. Current Issues in Economics and Finance, 8 (2001), pp. 1-6. Google Scholar. Dages et al., 2000 Dages, BG, Goldberg, L., Kinney, D., 2000 …



Q&A About Kill


What does "split seconds" mean?

Split seconds refer to how quickly orders are executed today.

What is the definition of "kill"?

To cancel a trade or order that has been placed, but not filled.

Who is liable for a killed order?

The trader or investor is liable for the order once it has been filled.

How do exchanges handle unusually high volume trading activity?

Exchanges are sometimes unable to handle exceptionally heavy volumes; in such situations, the trader may be unable answer questions about his or her original order being filled and/or killed.

When might you want to kill an unfilled order?

You may want to kill an unfilled order when the market has moved against you (or merely because you have changed your mind).

Can anyone send a kill command on your behalf even though they don't have access to your account information?

Yes, someone can send a kill command on your behalf even though they don't have access to your account information as long as they know what type of security you're trading and how much money you've invested into that security .

Why might it be difficult to kill orders in volatile markets with heavy volumes?

Exchanges are sometimes unable to handle exceptionally heavy volumes; in such situations, the trader may be unable to receive confirmation of whether his or her original order was filled, or whether it has been killed.

Is there any guarantee that an original order will be killed if a kill command is sent almost instantly after sending a buy or sell command?

No, there isn't any guarantee that an original order will be killed if a kill command is sent almost instantly after sending a buy or sell command.