How to Place One-Time OSO Orders?
An OSO (Order Sends Order) is a type of conditional order where the execution of a primary order automatically triggers the submission of a secondary order.
Published
Topic
Orders & Positions
An OSO (Order Sends Order) is a type of conditional order where the execution of a primary order automatically triggers the submission of a secondary order.
Currently, OSO orders support only one additional or dependent order, and this feature is available exclusively on the KGI Crusoe platform in the SuperDOM module.
Table of Contents
Submitting OSO Orders
Additional Notes
Submitting OSO Orders
OSO Orders are available for use on the SuperDOM module within the KGI Crusoe platform. To configure and submit an OSO order pair, follow the steps below:
Step 1
At the bottom of the SuperDOM module, select OSO One-Time from the ATM dropdown menu.
Step 2
With "OSO one-time" enabled in the ATM dropdown, start by submitting your first order at your desired price level on the price ladder. Then, click the second price level where you'd like the additional (dependent) order to be submitted once the first order fills.
The dependent order will display a + symbol next to it, indicating that it won’t be sent until the initial order is fully filled, even if the market touches the selected price.
Once the initial order is executed, the dependent order marked with the + symbol will be submitted to your broker or account provider.
Additional Notes
Clicking elsewhere within the SuperDOM module or the Web app, or waiting too long to submit the second order after placing the initial one, may cause the OSO feature to be automatically disabled. If the initial order has already filled before the secondary order is placed, the dependent order may be rejected.
OSO one-time must be manually re-armed after each order pair is submitted. It does not automatically reset for subsequent uses.