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Contingent Order

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A contingent order is a regular day or GTC (Good ‘Til Canceled) order that’s sent to the market only after a certain contingency is met. You set the contingency when you place the order: a trade you want to trigger if a specific stock, ETF, index or option hits a given price level. Specify whether the contingent order should be a market or limit order and set your price targets accordingly.

When your contingency is met, your order will be released to the marketplace automatically.


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