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contingent order |
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Contingent Order 1. An order involving the simultaneous execution of two or more transactions.
2. An order whose execution depends upon the execution and/or price of another security. Notes: These types of orders are generally placed for option strategies where two separate transactions must occur at the same time. An example is a buy-write, where an investor would buy a stock and sell a call simultaneously.Contingent order An order which can be executed only if another event occurs; i.e. "sell Oct 45 call 7-1/4 with stock 52 or lower".
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Stops and contingent orders can be triggered by the price of either the option contract or the underlying stock or index. We are optimistic the latest contingent order for a third procurement phase can be confirmed within the next ninety days and offers an important addition to the Company's continued growth as a supplier of networking and communication equipment directed at high availability and fault tolerant applications. 6 million of products scheduled to be delivered within the next twelve months, as well as a contingent order to purchase an additional $3. |
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