Contingency Orders?

Discussion in 'Retail Brokers' started by docbusy, Feb 26, 2008.

  1. docbusy

    docbusy

    Do any of you know a retail broker that offers
    OCO ?
    Example: in a stock trade, want to exit position
    Market on Close OR Trailing Stop Order fill.
    When one order is filled, the other order is cancelled.
     
  2. Interactive Brokers. But note that there are restrictions imposed by NYSE on when you can cancel a MOC order.
     
  3. GTC

    GTC

    With IB, you can do it up to at around 3:45PM EST. However, if your trailing stop order gets filled in the last 10-20 minutes, your MOC order may also get filled.