OCO Orders

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The One Cancels Other (OCO) type of order represents two separate entry orders “linked” together and placed as a single order. The OCO order is either for a buy or sell instruction, so that if it is an OCO buy order, it will contain a buy limit level and a buy stop level, and in case it is an OCO sell order, it will contain sell limit and sell stop levels. When either of the two orders (the Limit or the Stop) is executed, the other order is automatically cancelled.

 

An OCO order can be placed through the New Order Window.