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• A day order is an instruction you give to your broker to buy or sell a security at the market price or at a particular price you name before the end of the trading day. The order expires if it isn't filled.

  In contrast, a good 'til canceled (GTC) order remains open on the broker's books until it's filled, you cancel it, or the brokerage firm's time limit for GTCs expires.

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  Cite Definition for day order

  American Psychological Association (APA)

  day order. (n.d.). Yahoo Personal Finance Glossary. Retrieved March 28, 2023, from website: http://www.expertglossary.com/definition/day-order.

  Chicago Manual of Style (CMS)

  day order. finance.yahoo.com. Yahoo Personal Finance Glossary. Yahoo Finance. http://www.expertglossary.com/definition/day-order (accessed: March 28, 2023).

  Modern Language Association (MLA)

  "day order." Yahoo Personal Finance Glossary. Yahoo Finance. 28 March. 2023 http://www.expertglossary.com/definition/day-order.

• Browse Related Terms: All or none order (AON), confirmation, day order, Fill or kill (FOK), Good 'til canceled (GTC), open order, Stop order

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