Contingent Order definition

Contingent Order means a buy or sell order which contains both queue and triggers prices and stays dormant in the memory of the Exchange ATS after the submission by the member. Such order is queued in the Exchange ATS for execution till the time that a trade in the regular market satisfies its trigger price.
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Contingent Order means an instruction from you to us to process an order once the specified Trigger has occurred. A Contingent Order has two parts, the conditions that must be met before the order is Triggered for processing and the order details which indicate the stock code, the At Limit Price and the number of units to be traded.
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Contingent Order means an Order which is contingent upon some other Order being accepted at the same time.
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Examples of Contingent Order in a sentence

  • The creation of the Contingent Order Service is for the sole purpose of creating stop loss orders.

  • We accept no liability for any losses incurred by you or a third party arising directly or indirectly as a result of our failure to cancel your Contingent Order and/or to accept a new Contingent Order from you.

  • We offer the Contingent Order Service to You under our Australian Financial Services License (number ▇▇▇▇▇▇).

  • It is your responsibility to ensure the Contingent Order you place will achieve your intended outcome.

  • We offer the Contingent Order Service to you under State One Stockbroking Ltd’s Australian Financial Services License (number ▇▇▇▇▇▇).

  • We accept no liability for any losses incurred by You or a third party arising directly or indirectly as a result of our failure to cancel Your Contingent Order and/or accept a new Contingent Order from You.

  • Parent and Contingent Order as defined in the Parent and Contingent Orders clause.

  • You may not be able to place, cancel or vary a Contingent Order if the Contingent Order Service is not available.

  • You may amend or cancel an Open Contingent Order via amscot’s dealing desk.

  • You may amend or cancel an Open Contingent Order online via Amscot Online.