One Triggers Other^SM &
One Cancels Other^SM

Go Ahead, Take a Lunch Break

Our OTO, OCO, and OT2 (One Triggers Two) tools let you set your account to automatically place Stock or Options orders right from your primary trade screens, making more advanced trades less complicated to place. You’re no longer chained to your computer waiting for a fill or a price to hit to place another order!

One Triggers Other^SM

OTO orders allow traders to enter an initial order and place a second order contingent upon the fill of the first order. This type of order entry is available for stocks and options.

One Cancels Other^SM

One Cancels Other (OCO) lets you link two orders so that when one is filled, the other is instantly cancelled. Often used as part of a quick exit strategy, this type of trade saves traders time when they need to make a move fast.

NEW! One-Cancels-Other Orders Comes to Xspreads®!

OCO is now available on Xspreads! When a spread trader selects OCO, the cancelled order will automatically be available on the Xspreads order form. Now, spread traders can take advantage of this convenient, time-saving tool on one page.

One Triggers Two^SM

The OT2 order-entry system lets you enter a single main order and place two secondary orders that activate when the main order is filled. Of these three orders, two execute. When one of the secondary orders is filled, the other is immediately cancelled. This new order-entry system is a combination of our One Triggers Other (OTO) and One Cancels Other (OCO).

In addition to our efforts to develop award-winning features and technology¹, optionsXpress is equally committed to educating investors at all levels with features such as our instructional Webinars. Whether you’re ready for advanced trading or you’re just getting started with the basics, open an account and we’ll provide the tools to help you take control of your investments.