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 ?
Stephen James Hill, aged 26, of Axholme Road, Wyken, was also charged with two counts of failing to comply with a combination order, six counts of failing to comply with a community service order, one count of driving with excess alcohol, one count of failing to surrender to custody and one count of theft of 30 pairs of pyjamas and four wool coats valued at pounds 506.66 belonging to What Everyone Wants.
Sentencing him to a combination order of 100 hours community service and 12 months' probation, magistrate Helen Roberts said: "The guidelines for such a heavy breathalyser reading is a custodial sentence.
Martin Jones, aged 29, of Torcastle Close, Paradise, Coventry, two charges of failing to comply with a combination order, fined pounds 50 and order to continue.
Colette Nolan, aged 18, of Birmingham Road, Allesley, Coventry, seven charges of failing to comply with a combination order, fined pounds 50 and combination order to continue.
Sukvinder Sohal, aged 25, of Melrose Avenue, Ash Green, near Bedworth, two charges of failing to comply with a combination order, fined pounds 75 and combination order to continue.
Damien Kavanagh, aged 19, of Arbury Avenue, Foleshill, Coventry, three charges of failing to comply with a combination order, fined pounds 50 and combination order to continue.
Mohammed Nasser Ameerally, aged 22, of Dorset Road, Radford, Coventry, obstructing a police constable, possession of cannabis, using a vehicle without insurance, not wearing a seat belt, failing to surrender to custody and two charges of failing to comply with a combination order, fined pounds 200, ordered to forfeit the cannabis, combination order to continue.
Lawrence Cross, aged 20, of Jardine Crescent, Tile Hill North, Coventry, failing to comply with a combination order, fined pounds 100 and order to continue.
Paul Nixon, aged 40, of Hillside, Stoke Heath, Coventry, three charges of failing to comply with a combination order, fined pounds 75 or serve one day's detention.
James O'Farrell, aged 22, of Deedmore Road, Wood End, Coventry, failing to comply with a combination order, fined pounds 50 and combination order to continue.
Colin Anthony Bayliss, aged 19, of Kingsway, Stoke, Coventry, two charges of driving with an incorrect licence, five charges of using a vehicle without insurance, four of failing to produce a certificate of insurance, three of using a vehicle without a test certificate, one each of failing to produce a test certificate, exceeding the speed limit, using a vehicle with a faulty rear light cluster, six charges of failing to comply with a combination order, two of driving while disqualified and one of failing to surrender to custody, combination order consisting of community service for 100 hours and probation for 18 months and also banned from driving for three years.
John Prentice, aged 28, of Budbrook Close, Wood End, Coventry, two charges of failing to comply with a combination order, probation order for 18 months and ordered to attend the Alcohol Offending Programme for eight consecutive sessions.