How to Place a Bracketed Order (OCO)

Bracketed orders are typically used to create a target price and protective stop price for a position you currently hold. To create this type of order, follow the instructions below.

  1. Click on the position that you would like to create a bracketed order for and then click “Close/Adjust” to start an order to close the position.
  2. Ensure that “Close” is highlighted. Then click “Create Order”.
  3. Select “Bracket Stop (OCO)” for your order type.
  4. Change the “Limit Price” to your target price and change the “Stop Trigger” to your protective stop price. Make any other necessary changes and then click “Submit”.