Placing OCO Orders

Placing OCO orders

Open the order form, go to the OCO tab, and fill out the form. Then click on Buy or Sell button.

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Following the price, the restriction is applied while executing OCO orders. Keeping these price relationships in mind while executing OCO orders is essential.

SELL: Limit Price > Last Price > Stop Price

BUY: Limit Price < Last Price < Stop Price

Additionally, you can place OCO order by using the right-click menu option-

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Note- OCO is supported for Binance spot & Kucoin spot exchanges.

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Conditional orders have increased risk due to their reliance on trigger processing, market data, and other internal and external systems like an exchange. Such orders are not sent to the market until specified conditions are met. During that time, system outages with downstream technologies or exchanges may occur. Furthermore, exchanges may impose controls on conditional orders to limit erroneous trades triggering downstream orders. HyperTrader or its subsidiaries may not always be aware of such changes to external controls immediately, leading to some conditional orders not being executed. As such, you need to monitor your conditional orders for reasonability. Conditional orders are “Not Held” orders whose execution instructions are on a best-efforts basis upon being triggered.

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