One Triggers Other ® &
One Cancels Other ®
Just one customized order form is all it takes to place advanced orders.
Go Ahead, Take a Lunch Break
Our OTO, OCO, and OT2 (One Triggers Two) tools let you set your account to automatically place stock, options and futures orders right from your primary trade screens, making more advanced trades less complicated to place. You’re no longer chained to your computer waiting for a fill or a price to hit to place another order!
One Triggers OtherSM
OTO orders allow traders to enter an initial order and place a second order contingent upon the fill of the first order. This type of order entry is available for stock, options and futures.
One Cancels OtherSM
One Cancels Other (OCO) lets you link two orders so that when one is filled, the other is instantly cancelled. Often used as part of a quick exit strategy, this type of trade saves traders time when they need to make a move fast.
NEW! One-Cancels-Other Orders Comes to Xspreads®!
OCO is now available on Xspreads! When a spread trader selects OCO, the cancelled order will automatically be available on the Xspreads order form. Now, spread traders can take advantage of this convenient, time-saving tool on one page.
One Triggers TwoSM
The OT2 order-entry system lets you enter a single main order and place two secondary orders that activate when the main order is filled. Of these three orders, two execute. When one of the secondary orders is filled, the other is immediately cancelled. This new order-entry system is a combination of our One Triggers Other (OTO) and One Cancels Other (OCO).
In addition to our efforts to develop award-winning features and technology1, optionsXpress is equally committed to educating investors at all levels with features such as our instructional Webinars. Whether you’re ready for advanced trading or you’re just getting started with the basics, open an account and we’ll provide the tools to help you take control of your investments.
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On-line trading has inherent risks due to market conditions, system performance and other factors. Please read Characteristics and Risks of Standardized Options or available by calling (+61) 1300 781 132, "Product Disclosure Statement", "Futures Product Disclosure Statement", "Understanding Options Trading" and "Understanding Trading and Investment Warrants" Futures involve substantial risk and are not appropriate for all investors. Please read "Risk Disclosure Statement for Futures and Options" (PDF) prior to applying for an account.
Please read the optionsXpress Australia Financial Services Guide (PDF). All prices in USD unless noted otherwise.
All rights reserved © 2010 optionsXpress Australia Pty Limited (ACN 085 258 822) (AFS Licence No: 246743)
Barron's, March 15, 2010, 15th annual survey, Rating Online Brokers. optionsXpress US site awarded 4.0 stars out of 5 in overall ratings. Overall ratings refer to US site and are based on Usability, Trade Experience, Trading Technology, Range of Offerings, Research Amenities, Portfolio Analysis & Report, Customer Service & Access, and Costs. optionsXpress US site rated 4+ stars 2002-2010. Barron's is a registered trademark of Dow Jones & Company, Inc. © 2010.
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