1. Fill or Kill; This is a type of time-in-force trading that requires a trade be executed immediately and completely or not at all. In other words, the order must be filled in its entirety or canceled (killed).
  2. Good For 7days; This specifies that a trade order is valid for seven (7) days until it is canceled by the person who placed the order or it expires. If it expires, a new order would be required to validate the mandate.
  3. Good for a day; This specifies that a trade order is valid for only one (1) day until it is canceled by the person who placed the order or it expires. If it expires, a new order would be required to validate the mandate.
  4. Immediate or Cancel; This type of time-in-force trading technique specifies that at the point of posting a trade if it is not executed immediately it hits the market; it is canceled (killed). e-trade active.