30 Example: IOC Orders Assume the CLOB is as follows: BID OFFER Order # Quantity Price Price Quantity Order # 001 100 10.00 10.02 400 003 002 100 9.99 10.02 100 004 If an incoming sell order # 005 for 500 shares with a limit price of $10.00 is entered, then the following trades occur: BUYER ORDER # Seller Order # Quantity Price 001 005 100 10.00 The remaining unfilled quantity is booked at the LSP, and the resulting CLOB will be: BID OFFER Order # Quantity Price Price Quantity Order # 002 100 9.99 10.02 400 003 10.02 100 004 4.6.5 Fill or Kill (FOK) An FOK order is eligible to receive a full fill only, and if not fully filled is cancelled immediately. FOK orders are accepted on TSX, TSX Venture and TSX Alpha with board lot volumes. Example: FOK Orders Assume the CLOB is as follows: BID OFFER Order # Quantity Price Price Quantity Order # 001 100 10.00 10.02 400 003 002 100 9.99 10.02 100 004 If an incoming sell order #005 for 500 shares with a limit price of $10.00 is entered, then since the volume cannot be fully filled, no trades occur. The remaining unfilled quantity is then cancelled, and the resulting CLOB will be:
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