OCO - One Cancels Other Orders

Trading
1

Hi @nithin

Can Zerodha introduce OCO ( One Cancels Other ) orders , so that we can place Target and STOPLOSS and leave it … As soon as either TARGET or STOP LOSS is HIT , system will cancel other order of the instrument … ?
This will help your clients as we need not go an manually cancel the other order either TARGET or SL , this will save us time and effort …
Some times if volatility is high and if we can’t cancel , the problem doing manually is if we are little late both orders will gat executed … In such situations OCO orders are of great help.

Regards

2

We already support OCO under GTT. We’re also working on bringing GTT for MIS as well, and it will include OCO functionality as well the trailing stop loss. You can check the article for detailed explanation:
What is Good Till Triggered (GTT) order and its types?

1 Like
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Thanks for reply , but i guess GTT has limitations of if not executed we need to call support .
I am looking for OCO on regular MIS and CNC orders …which will automatically executed .
Specially for MIS / CNC Intraday orders … without any need of support

4

There is nothing like that, it will execute.
We will bring GTT for MIS also and even will give from order window itself.

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Who told you that ? I never received call from zerodha and I never called zerodha since I opened my account.