one cancels the other order
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One-Cancels-the-Other Order - OCO — An order stipulating that if one part of the order is executed, then the other part is automatically canceled. An investor with limited funds may place an order to buy both stocks and bonds and specify that it s a one cancels the other order. In… … Investment dictionary
One cancels other — An order strategy where a client would enter multiple orders which would become Market Orders at different rates. If one of the orders are fulfilled, the other orders are automatically cancelled.One Cancels the Other is abbreviated as… … Wikipedia
one cancels other — ( OCO) A qualifier used when multiple orders are entered and the execution of one order cancels a second or alternate order. The CENTER ONLINE Futures Glossary … Financial and business terms
one-cancels-other — ( OCO) A qualifier used when multiple orders are entered and the execution of one order cancels a second or alternate order. The CENTER ONLINE Futures Glossary … Financial and business terms
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