Is it possible to OCO an order from the spreader to a normal order ?
I'm working an normal outright order in the exchange traded spread and one in my CQG spreader. I would like to set it, so the first fill cancel the other. Is that possible?
Thank you
Adminefrain
(Admin, CQG)
shared this idea
-
Adminefrain
(Admin, CQG)
commented
Hello
Thanks for your question - Spreader has the ability to OCO outright orders as well as also accepting OCO for strategy orders, but current functionality in Spreader can not OCO a strategy order with an outright order.
It certainly is a good idea but the current functionality does not allow for a compound order (strategy/leg) to be linked to an outright order.
Let me explain a little bit better:
One can "Link" or O.C.O. two outright orders. Such as an order in ZCEZ4 linked (or OCO) with an order in ZCEH4.
One can "Link" or O.C.O two strategy (spread) orders. Such as an order for Q1(strategy) linked (or OCO) with an order from Q2(strategy).We just can not link, or OCO between the two mentioned above.
I hope that this helps clarify.