- 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. 2012.
one-cancels-other
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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-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
OCO (order-cancels-other) GLOBEX and open outcry — An order that includes two orders, one of which cancels the other when filled. Also referred to as order cancels order. Chicago Mercantile Exchange Glossary … Financial and business terms
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