Svengali 1 Report post Posted September 30, 2024 Hello SO-ers, I'm Dutch, living in Amsterdam, and investigating American Option Trading Platforms (eDeltaPro, TraderOasis) and Brokers (Tradier) . Doing so I encounter the terms OCO / OTO / OT-OCO (which I have never seen before). I have no clue what the ABBS mean, and what their purpose is. Anyone her to help me out? Which Order Type do you need / use for multileg Steady Options trades Ernst Radema Amsterdam Share this post Link to post Share on other sites
rasar 2,055 Report post Posted September 30, 2024 10 minutes ago, Ernst Radema said: Doing so I encounter the terms OCO / OTO / OT-OCO (which I have never seen before). OCO - One cancels Other OTO - One Triggers Other OT-OCO - One Triggers a OCO These are conditional orders. I don't know what ABBS is. 1 Share this post Link to post Share on other sites
rasar 2,055 Report post Posted September 30, 2024 14 minutes ago, Ernst Radema said: Which Order Type do you need / use for multileg Steady Options trades Sorry - I forgot to add, we don't typically use any conditional orders for SO trades. Multi-leg tradesa are entered as a single trade. 1 Share this post Link to post Share on other sites
Svengali 1 Report post Posted September 30, 2024 OK. Multileg trades are not considered advance orders. Clear. Thanks With ABBS I meant ABBreviationS. Lazy.:-) Share this post Link to post Share on other sites
