contingent order

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".

Contingent Order

An order to a broker to conduct a transaction on the assumption that a related transaction is conducted. The related transaction may occur before, after, or at the same time as the contingent order. That is, an investor may give an order to his/her broker to buy Stock A contingent upon the sale of Stock B. A common example of a contingent order is a buy-write, in which an investor orders his/her broker to buy a security and at the same time write an option with that security as the underlying asset.

contingent order

A special type of security order that instructs the broker to take some action only in the event that something else has occurred. An example would be an order to sell call options on Westinghouse common stock only after shares of Westinghouse have been purchased at a specified limit price.
References in periodicals archive ?
The Contingent Order feature allows users to capture edge and minimize risk while trading high delta options.
Modern science could begin only when the order of Greek heritage combined with the dependence of Hebrew heritage to make a contingent order capable of experimental exploration.
BlockStrike simultaneously places a contingent order with a block-sized minimum execution in SIGMA X[TM], GSET's non-displayed ATS that matches buyers and sellers anonymously.
The company has gained traction within several provinces where this testing was performed, generating contingent order commitments in the $100+M range for fulfillment as production can be ramped up to accommodate product demand.
Contingent A Contingent order is a regular GTC, Market or Limit order that is sent to the market only after a certain contingency is met.
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.
Key features of Intelligent Markets' technology include automated contingent order execution, computer learning technology which alerts professionals to transaction opportunities, and a robust and scalable architecture built for institutional markets.
6 million of Local Area Networking products to be delivered over the next twelve months, as well as a contingent order to purchase an additional $3.
The most critical feature for the convertibles market has been BuySideDirect's automated contingent order feature, which allows traders to link an order for a convertible security to an order for the underlying stock," said Carl Huttenlocher, CEO and Co-Founder of the company.
convertible securities market with its internet-based platform that provides both automated contingent order execution as well as proprietary computer learning technology.
First to introduce computer learning techniques to electronic markets, the BuySideDirect system combines the benefits of traditional institutional securities sales relationship with those of the electronic age -- providing institutional investors with fast, inexpensive executions and enhanced price transparency while at the same time offering personalized, proactive recommendations, greater control over market impact and contingent order capability.
Trading system monitoring for contingent order entry services