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Immediate Order Cancellation

For example, if you have a bracketed order and the limit order hits, is there a way to immediately cancel the corresponding stop order before manually doing it the next minute? Without an ability to do this, there is a notable element of execution risk between the time of the limit order fill and the next minute, particularly if we are trading a volatile instrument.

2 responses

It sounds like you're looking for a one-cancels-all order type, like this one from IB?

Unfortunately, we don't support that yet. You are correct that the best way to do that now is a more manual order control, and that doesn't have the same execution that you're looking for.

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Ok thanks