one-cancels-the-other order

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One-Cancels-the-Other Order

An order to conduct two transactions such that, if one transaction is done, then the other is cancelled. For example, an investor may wish to buy both stocks and bonds at a certain price. If the price becomes available for bonds first, that part of the order is filled while the order to buy stocks is cancelled. OCO orders may apply to different types of securities or even to different types or orders; for example, one may contain both stop-loss orders and limit orders. OCO orders are useful to investors who have limited funds and perhaps are unsure about the market's direction at a given time. It is also called an either-or order.

one-cancels-the-other order

References in periodicals archive ?
The 2020 "fake OCO" budget contains $98 billion in funding for the basic, everyday activities of the US military that do not relate to ongoing conflicts, such as overall military readiness and weapons modernization geared toward deterring Russia and China.
'Some of the Bahay Pag-asa we saw mas malala pa sa kulungan, wala silang programs, wala silang beds, wala silang cabinets,' Oco added.
So what to do about OCO? The President and Congress could agree to appropriate funds whose sole use would be to correct OCO misuse.
may never successfully emerge." (5) The principal actors for OCO include the US, China, and Russia, none of which consider the emergence of constraining norms that would curtail sovereign options to be in their self-interest.
Ali bin Ibrahim al-Ra'eesi, CEO of OCO made a presentation on
We offer one of the best fully online and fully accredited high school programs and, it's important to us that our students have access to top technology, top instructors and a high quality digital curriculum," states Kris Thabit, OCO Founding Board Member.
"We are grateful for the contributions from our development partners," said OCO Head, Rune Stroem.
OCO resources will support critical US activities such as ensuring the safety of Pakistani nuclear installations, working with Pakistan to facilitate the peace process in Afghanistan, and promoting improved relations with India, it said.
PDO's Oil South director Suleiman al Tobi handed over the cheque to the Oman Charitable Organisation's (OCO) executive chairman Ali Ibrahim al Raisi at OCO's head office in Muscat.
Muscat: Oman has been providing assistance to victims in the Yemeni Republic and Nepal, an official at Oman Charitable Organisation (OCO) said on Sunday.
While the focus domestically is on what the Administration calls "middle class economics" - tax cuts for families, affordable child care, free community college, and a pay raise for government employees and soldiers, among other programs - Obama has also set aside a total of USD 585.3 billion in discretionary budget authority for the Department of Defense, which includes Overseas Contingency Operations (OCO), such as Operation Inherent Resolve - the fight against ISIL.
A PERS snapshot comparison between August 2013 and August 2014 reflects an overall 17 percent increase in the Supply Corps community's support of overseas contingency operations (OCO), where OCO requirements grew from 86 to 103.