Time in Force

TIFBehavior
Good Till Cancel (GTC)Default for all orders. Rests on the book until filled or canceled; expires at end of day.
Immediate or Cancel (IoC)Fills as much as possible on arrival; any remainder is canceled immediately. Never rests on the book. Used for all Market Orders and IoC Limit Orders.
Fill or Kill (FoK)Must fill completely on arrival (via one or more partial fills); any remaining balance cancels the entire order. Never rests on the book.
All or None (AoN)Like FoK, but can rest on the book if no quantity fills on arrival. Cancels if it cannot fill in full when it eventually executes.