What Does Day Order Mean?

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What does Day Order mean? Read on to discover the definition & meaning of the term Day Order - to help you better understand the language used in insurance policies.

Day Order

Day Order

Day order is a financial term that means a security should either be sold or bought during the trading hours. If it is not bought or sold during that time, the order is effectively cancelled. It is considered the most usual trading system in securities.

We hope the you have a better understanding of the meaning of Day Order.

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