MF
Minimum Fill Order

Placing order with your broker, is the first step you take, after you create your 'Trading Action Plan', based on your own technical or fundamental research. Before you can start buying and selling stocks, you must know the different types of orders and when each one is appropriate.

A minimum requested number of shares has to be available for the order to get triggered. If triggered it will continue as a limit order.

Suppose a buy order for 10000 shares has been made with a minimum request of 4000 shares. Then only if a minimum of 4000 shares are available for purchase, the order gets triggered. Otherwise the order remains waiting for the parameter to be fulfilled.

Once triggered, the order behaves as a normal limit order.

Compare this order with All or None order.

Compare this with other type of orders:

• All or None Order
• GTC Order
• GTD Order
• IOC Order
• Limit Order
• Market Order
• Stop Loss Order
• Stop Limit Order
• One Cancels Other Order
• Market on Close Order
• Limit on Close Order
• Market on Open Order
• Limit on Open Order
• Market If Touched Order
• Iceberg Order
• Fill or Kill Order

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