desktop:desktop_oco_order [WIKI]

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====== OCO ======

An **OCO** (One Cancels Other or Order Cancels Order) consists of a:

  * Buy limit order **below** the market and a buy stop order **above** the market, **or**
  * Sell limit order **above** the market and a sell stop order **below** the market.

When one order is filled, the other is automatically canceled.  
If one order is partially filled, the remaining volume on the other order is reduced accordingly.

===== How to Enter an OCO =====

  * Left-click on the **OCO** option — the color will turn **orange** to indicate it is active.
  * Two blank boxes will appear under the order types:
    * One labeled **L** for limit
    * One labeled **S** for stop

{{:desktop:oco1.png?400|}}

===== Submitting the OCO Order =====

  * Clicking in the **Bid** column will populate the appropriate box with your limit or stop price, depending on the OCO setup.
  * Click the **Submit** button to send the selected limit and stop OCO order.
  * Click the **TKT** button to bring up the **New OCO Revision** window, allowing you to adjust the OCO before submitting.


{{:desktop:oco2.png?400|}}
===== Managing OCO Orders =====

  * If one side of the OCO is filled, the other side is canceled automatically.
  * To cancel both orders manually, simply click on one of them — both will be canceled together.

===== Verifying OCO Orders =====

You can confirm and monitor your OCO orders in the **All** or **Working** tab of your **Order Book**.