One Cancels Other Order (OCO)
19 hours agoA “One Cancels Other” Order (OCO) is an order type where the execution of one order automatically cancels a prior order.
This special order indicates that if one part of the order is executed, the other part will be canceled.
For instance, when you place an OCO order with two instructions to trade a market at different levels, if one of the instructions is executed, the other will be automatically canceled.
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