How can I set Outlook 2013 to automatically remove cancelled meetings

Looking into Outlook 2013 as it has a single option for "auto accepting meeting requests and remove canceled meetings" under: File->Options-Calendar->Resource scheduling

Under this option meeting requests are automatically accepted. I don't want this. I want to do the following:

• Remove canceled meetings from the calender automatically
• Delete Canceled:... meeting emails from my Inbox
• Don't do anything with meeting requests.

Is it possible?

Thanks,

Parez