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Investing Glossary:
Day Order
Copyright 2010,
Campbell R. Harvey. All Rights Reserved.
Do not reproduce without explicit permission.
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| An Order that remains live and executable until the end of the Trading day, after which, it will be automatically canceled. In the context of general equities, request from a customer to either Buy or Sell stock, that, if not canceled or executed the day it is placed, expires automatically. All orders are day orders unless otherwise specified. Traders often make calls before the Opening to Check for renewals.
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