An order which is to be executed only if another order is executed first. An example of a contingent order would be to sell one specific security if another specific security has been bought. Brokers often do not like to work with these orders, given the uncertainty and extra work involved.
Related information about contingent order:
- Contingent Order Definition | Investopedia
1. An order involving the simultaneous execution of two or more transactions. 2. An order whose execution depends upon the execution and/or price of another ...
- What is contingent order? definition and meaning
Definition of contingent order: An order which is to be executed only if another order is executed first. An example of a contingent order would be to sell one ...
- Contingent Order | Trading Tools | TradeKing
With TradeKing's contingent order tool, you can be ready to trade if a certain contingency kicks in. This order type automates your entry or exit according to your ...
- Using A Contingent Order
A Contingent Order is an advanced order type that can be used as a risk management tool while stock trading. Here I have an overview and an example to help ...
- What is a Contingent Order?
Contingent orders are investment orders that are structured of two or more steps that must occur in a specified sequence. Until the first step in the process is ...
- optionsXpress | Xpress Guides: How to Place Contingent Orders
Select Contingent Order™ from the dropdown list. Click the ... Using the new order form that appears, enter the details of the contingent order. Contingent ...
- Contingent Order - Financial Dictionary - The Free Dictionary
An order which can be executed only if another event occurs; i.e. "sell Oct 45 call 7-1/4 with stock 52 or lower". Contingent Order. An order to a broker to conduct ...
- How To Use The 5 Different Contingent Orders When Trading ...
A contingent order is a type of order that can be placed ONLY IF certain conditions are met (contingencies). If the contingencies are met, the order is removed ...