All Or None Order (Aon)
| An All or None Order (AON) is an order that has a set price and is made to purchase or sell a volume of assets. This type of order is often used when an investor wants to buy or sell a large number of shares of a stock or other asset, and they want to do so at a specific price. AON orders can be placed with most brokerages, and they can be placed for a variety of different assets. For example, an investor might place an AON order to buy 1,000 shares of a stock at $10 per share. If the stock is trading at $10 per share or higher when the order is placed, it will be filled. If the stock is trading below $10 per share, the order will not be filled. There are a few things to keep in mind when placing an AON order. First, it's important to remember that these orders are not guaranteed to be filled. If the stock price is below the set price when the order is placed, it will not be filled. Second, AON orders can take longer to fill than other types of orders. This is because the order will only be filled if the stock price is at or above the set price when it is placed. If you're looking to buy or sell a large number of shares of a stock or other asset, an All or None Order may be a good option for you. Keep in mind that these orders are not guaranteed to be filled, and they can take longer to fill than other types of orders. |
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