FT MarketWatch

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 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 Terms: 7 Broker, Contingent order, ECU, ECI, Order, SEC, Sell
Other Related Pages: Category: Trading Starting With: C
Additional Related Terms: 10-K, Accrual of discount, Agency security, Amortization of premium, Asset-backed security, All or any part, Alternative order, Automated Order Entry System, Add-on service, Abstract of title