combination order

Combination order

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.

combination order

References in periodicals archive ?
Handing down the combination order, Judge Lockie said her death had been a "significant and harrowing family tragedy".
He ordered Maslar to pay pounds 590 compensation, and passed a combination order with 12 months' supervision and 100 hours' unpaid work.
Gage, of no fixed address, was jailed for a total of 876 days after admitting burglary, two other unrelated house raids, breach of a combination order imposed for burglary, theft and failing to surrender to bail and breach of an anti-social behaviour order.
But she avoided a prison sentence when magistrates placed her on a combination order of two years' rehabilitation, on condition that she attends Gambler's Anonymous, and ordered her to carry out 100 hours of unpaid work for the community.
Pearson, 27, was made the subject of a combination order when he appeared before Bradford Crown Court.
Terence Batters (48), a father-of-two, said common sense had prevailed after he walked free from Birmingham Crown Court yesterday with a two-year combination order.
Judge Eleri Rees was told the offence put Grant in breach of a combination order - similar to a community rehabilitation order - imposed for various offences last year.
She was banned from driving for two-and-a-half years, and placed on a combination order of community rehabilitation, with 60 hours' unpaid work under a community punishment order.
STILL have released a new system that permits their MX 15-3 VNA Combination Order Picker to work at the optimum operating speed for all height and load conditions.
Darren Richard George Haywood, aged 18, of Manor Guild House, Heather Road, Alderman's Green, Coventry, failing to comply with combination order, one year's community rehabilitation.
I am not sure whether it is caused by lack of staff or just cutbacks, but when you want a combination order, say some slices of ham, a few lamb chops and some cooked prawns, the same sales assistant is handling all three products, often with the same gloved hand, thereby bending the rules of division between cooked and raw.
A 4-6 case combination order of Host Cleaner earns dealers a free case of Host Spot Remover.