Home >  Term: contingent order
contingent order

A stock exchange order that links two transactions so that one is contingent on the other and they can only be executed together. With a contingent order the proceeds of the sale of one security can be used when switching to another.

0 0

Creator

  • Stefan K
  •  (Gold) 3207 points
  • 100% positive feedback
© 2024 CSOFT International, Ltd.