What does Immediate or Cancel (IOC) Validity Type mean ?

What does Immediate or Cancel (IOC) Validity Type mean ?

IOC order allows you to buy or sell a security as soon as the order is released into the market, failing which the order will be removed from the market.
Partial match is possible for the order, and the unmatched portion of the order is cancelled immediately.
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    • What does Day Validity Type mean?

      A Day validity, as the name suggests, is an order which is valid for the day on which it is entered. If the order is not matched during the day, the order gets cancelled automatically at the end of the trading day.
    • What is meant by Order Validity date?

      Order Validity Date means the date chosen by you while placing Cash orders with VTD order validity. This date has to be equal to or less than the maximum validity date defined by IIFL.
    • Can I cancel Sliced order?

      Yes, you can cancel each single sliced/divided order anytime during the day if it is pending.
    • How can I specify the validity date?

      You can specify the order validity date by selecting from the calendar available placed on the order placement page near the VTD order validity field.
    • How to Cancel IPO application ?

      Go to Oneup.indiainfoline.com (Mobile APP or desktop browser) -Select the view application status button -Click on the Delete icon for the IPO you want to edit -Click on cancel Bid