Auto OCO

An AutoOCO is an order that consists of three components: a Trigger order and the two components of a traditional OCO Order that are held on our server, and when the Trigger order is filled, the OCO order (consisting of a Limit order and a Stop order) is activated and consequently submitted to the exchange and when one side of the OCO is filled the other will cancel. This is a helpful order type as it allows the user to have the initial order protected automatically after it is filled with an OCO order.

• Tap here to set your Lot size.
• To enter an Auto OCO Tap on the Defaulted limit (L) order type on your Trading toolbar, then select the AOCO option from the dropdown and the AOCO color will turn orange and the Limit Will stay Orange as well. Then tap in the blue bid column to enter a buy or the red column to enter a sell.
• Then set the number of tics away from the order that you want your limit to be placed. To do this tap on the box labeled L to bring up the menu to set the tics for the limit order.
• Then set the number of tics away from the order that you want your Stop to be placed. To do this tap on the box labeled S to bring up the menu to set the tics for the stop order. Note the T next to the Stop, tap on this to change it to orange and this will designate that the stop will be a trailing stop.

• Note that the initial order is a two lot and the limit and stop are set to 5 tics which is the distance the orders will be submitted from the initial fill price. Also note that the T(Trail) Button is also active this means that the stop order will trail the market 5 tics.
• Tap on the bid or offer to submit your order and your order will display as working in the MYB or MYO column. The limit and stop orders will be held on the server until the original order is filled.

You can view your orders by going to the Orders Tab.

• This is the initial working order.
• This is the initial working order.
• This is the Limit side of the OCO that is held on the server until the initial is triggered.

The initial order was revised down to be filled. Note that the held OCO orders were submitted at the earlier defined distances of 5 ticks.

• This is the price at which the initial order was filled.
• This is the Stop side of the OCO. You can long-press and drag to revise the stop individually.
• This is the Limit side of the OCO. You can long-press and drag to revise the stop individually.

TIP: If you cancel the original order the limit and stop will automatically cancel.

You can also view these orders in the order book under the all or Orders Tab filtered to filled.

• This is the price at which the initial order was filled.
• This is the working stop side of the OCO. Note it is working at the distance away from the initial fill price designated before submission.
• This is the working limit side of the OCO. Note it is working at the distance away from the initial fill price designated before submission.

Tip: You can tap on either of the working orders to pull up a revision ticket just like the one explained in the working tab.