A set of two instructions given to a broker where the execution of one or any part of one Transaction automatically cancels the other or any part of the unexecuted transaction. In forex, an either-or order could consist of a sell limit order with a sell stop order. also called an alternative order.
Browse by Subjects
See All Related Terms »
Organisation for Economic Co-operation and Development
American Psychological Association (APA):
Chicago Manual of Style (CMS):
Modern Language Association (MLA):