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End or Day Order -
the end of day order (EOD) is a buy or sells order that specifies that
a stock be sold at a specific price. and it is to be left open till
the end of the trading day . If at the end of the day, the agreement
is not fulfilled the transaction is cancelled. For example a company
exempts an end of the day order on stock XXX and sets a price
at $25 a share, if no one purchases stock XXX by the end of the trading
day, the order is cancelled Its only in affect for the one trading day
and its either cancelled or fulfilled if they get an interested investor.
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