OCO Order
A paired order where executing one automatically cancels the other.
What is OCO Order?
An OCO order combines a stop-loss and take-profit (or limit) for the same asset, canceling the unfilled one upon execution. On Crypto.com, for BTC at $86,000, set sell limit at $88,000 and stop at $84,000; if $88,000 hits, stop cancels. Available on spot and futures, it automates risk management.
Traders use OCO for breakouts, like buy stop above $30,000 and sell stop below $25,000 for BTC. It reduces monitoring in volatile markets but requires careful pricing. On Bybit, it’s spot-only, with margin based on one side.
Related Terms
Market Maker (order book)
An entity providing liquidity by placing buy and sell limit orders in the order book.
Token
Digital units of value built on existing blockchains, representing assets, utilities, or stakes in decentralized ecosystems.
Supervisory Capital Assessment Program (SCAP)
A one-time 2009 Federal Reserve stress test of the 19 largest U.S. bank holding companies to determine capital needs amid the financial crisis.
Swap Gas Fee
The swap gas fee is the cost paid in a blockchain’s native token (e.g., ETH on Ethereum) to process a token swap transaction on a decentralized exchange (DEX), covering computational resources used by network validators.
Margin (Perp Dex)
Collateral deposited to open and maintain leveraged trading positions.
Secured Overnight Financing Rate (SOFR)
A benchmark rate measuring the cost of borrowing cash overnight collateralized by U.S. Treasury securities in the repurchase agreement market.