noun
General Slang
AON
· noun · finance
All-or-none order — fill the whole thing or don't fill any of it.
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Definitions
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An order condition: execute the full quantity in one go or leave it sitting. No partial fills allowed. Useful when a half-fill would mess up your hedge or your strategy, brutal when liquidity is thin and the order just never trades.
“Mark it AON — I don't want to end up long half a position.”
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AON In A Sentence
Mark it AON — I don't want to end up long half a position.
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