OCO (One-Cancels-the-Other) Order is an order feature available only from the Trading Monitor.
OCO in Sterling Trader® Pro involves grouping two or more orders that are already live. If you manually cancel one of the orders in the group, all orders in the group will be cancelled.
2. Right click. A menu will pop up
3. Select OCO. The sub-menu will have two options
5. The orders you selected are now grouped. Once one order fills, the others will be cancelled.
There is a column available in Trading Monitor called OCO ID. This column will allow you to see which, if any, orders are grouped together by assigning a specific number to them.
To enable OCO ID you will need to go to View > Settings > Columns > Enable OCO ID
Additionally, you can un-group the orders by selecting Remove Group in the pop-up menu.
We look forward to learning more about your trading needs.
Understanding the U.S. Equities and Options Markets: A Primer for APAC Firms
The U.S. financial markets are the cornerstone of global trading, offering unmatched ...
Sterling Trading Tech Names Julie Armstrong Chief Commercial Officer - Strategic Hire Marks New Era of Growth and Global Expansion
Strategic Hire Marks New Era of Growth and Global ...
Product Release: Sterling Risk Engine and Monitor version 2.10.3
We are pleased to announce the release of Sterling Risk Engine and Monitor version 2.10.3, ...
Sterling API Library Your Gateway to Seamless Integration
We know how important it is for our clients to have clear, accessible resources to get the ...