OTO Order
Brief
The section explains how to create, modify, and delete an OTO order.
Details
An OTO order (One-Triggers-the-Others) contains two (or more) entry orders, one of which is a primary order, and the other is a secondary one.
The orders are linked by a certain condition of their execution: when the market price hits the price of the primary order, it is executed and
automatically triggers a placement of the secondary order.
Placing an OTO order automates the trading process: a trader does not need monitoring when the market price reaches the primary order's price value
to trigger the secondary order. Thus, OTO orders save your efforts and time making the trading easier and more efficient.
Articles | |
The article explains how to create an OTO order. |
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The article explains all possible ways of modifying OTO orders. |
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The article explains how an OTO order can be deleted as a whole. |