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What is OCO Order?

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OCO 주문

A method of linking two orders so that when one fills, the other is cancelled automatically. It is used to place a take-profit order and a stop-loss order together. It prevents the mishap in which one side fills while the other stays open and creates an unintended opposite position.

OCO OrderTargetStopwhen one fills, the other cancels automatically

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OCO Order meaning — Trading glossary | MarketSurfer