What is an OCO order? And how do you use them?

The XTRD Megathread

What is XTRD?

XTRD is a technology company that are introducing a new infrastructure that would allow banks, hedge funds, and large institutional traders to easily access cryptocurrency markets.
XTRD is launching three separate products in sequential stages to solve the ongoing problems caused by having so many disparate markets. Firstly a unified FIX API followed by XTRD Dark Pools and finally the XTRD Single Point of Access or SPA.
Our goal is to build trading infrastructure in the cyptospace and become one of the first full service shops in the cryptocurrency markets for large traders and funds.

What are the industry issues?

COMPLEX WEB OF EXCHANGES. A combination of differing KYC policies, means of funding, interfaces and APIs results in a fragmented patchwork of liquidity for cryptocurrencies. Trading in an automated fashion with full awareness of best pricing and current liquidity necessitates the opening and use of accounts on multiple exchanges, coding to multiple API’s, following varying funding and withdrawal procedures. Once those hurdles are cleared, market participants must convert fiat currency to BTC or ETH and then forward the ETH on to an exchange that may not accept fiat, necessitating yet another transaction to convert back to fiat. Major concerns for market participants range from unmitigated slippage and counterparty risk to hacking prevention and liquidity.
HIGH FEES. Execution costs are even more of a factor. Typical exchange commissions are in the 0.1% – 0.25% range per transaction (10 to 25 basis points), but the effective fees are much higher when taking into bid and ask spreads maintained by the exchanges. As most exchanges are unregulated, there is generally no central authority or regulator to examine internal exchange orders that separate proprietary activity from customer activity and ensure fair pricing.
THIN LIQUIDITY. A large institutional order, representing a sizable percentage of daily volume can move the market for a product, and related products in an exchange by a factor of 5-10%. That means a single order to buy $1,000,000 worth of bitcoin can cost an extra $50,000-$100,000 per transaction given a lack of liquidity if not managed correctly and executed on only one exchange. By way of comparison, similar trades on FX exchanges barely move markets a fraction of a percent; those price changes cost traders money, and deter investment.

What are the XTRD solutions?

FIX API
An API is an “Application Programming Interface”, a set of rules that computer programs use to communicate. FIX stands for “Financial Information eXchange”, the API standard used by most financial organizations as the intermediary protocol to communicate amongst disparate systems such as market data, execution, trade reporting, and order entry for the past 25 years.XTRD is fixing the problem of having 100 different APIs for 100 exchanges by creating a single FIX based API for market data and execution – the same FIX API that all current financial institutions utilize.XTRD will leverage our data center presences in DC3 Chicago and NY4 New Jersey to host FIX trading clients and reduce their trading latencies to single milliseconds, a time acceleration of 100x when it comes to execution vs internet. More infrastructure and private worldwide internet lines will be added in 2018 and beyond to enable secure, low latency execution for all XTRD clients, FIX and PRO.
XTRD PRO
XTRD PRO is a professional trading platform that will fix the basic problems with trading across crypto exchanges – the need to open multiple web pages, having to click around multiple windows, only being able to use basic order types, and not seeing all your positions, trades, and market data in one place.XTRD PRO will be standalone, downloadable, robust end-to-end encrypted software that will consolidate all market data from exchanges visually into one order book, provide a consolidated position and order view across all your exchange accounts, and enable client side orders not available on exchanges – keyboard macro shortcuts, VWAP/TWAP, shaving the bid and offer, hit through 1% of the inside, reserve orders that bid 100 but show 1, SMART order routing to best exchange and intelligent order splicing across exchanges based on execution costs net of fees, OCO and OTO, many others.
XTRD SPA
XTRD SPA is the solution to bridge cross-exchange liquidity issues. XTRD is creating Joint Venture partnerships with trusted cryptocurrency exchanges to provide clients on those exchanges execution across other exchanges where they do not have accounts by leveraging XTRD’s liquidity pools.An order placed by a client at CEX.IO, XTRD’s first JV partner, can be executed by XTRD at a different exchange where there may be a better price or higher liquidity for a digital asset. Subsequently, XTRD will deliver the position to CEX.IO and then CEX.IO will deliver the execution to the client, with XTRD acting as just another market participant at the CEX.IO exchange.XTRD does not take custody of funds, we are a technology partner with exchanges. All local exchange rules, procedures, and AML/KYC policies apply.
XTRD DARK
Institutions and large market participants who have large orders of 100 BTC or more generally must execute across multiple markets, increasing their counterparty risk, paying enormous commissions and spreads, and generally having to deal with the vagaries of the crypto space. Alternatives are OTC brokers that charge multiple percents or private peer-to-peer swaps which are difficult to effectuate unless one is deeply in the space.XTRD is launching XTRD DARK – a dark liquidity pool to trade crypto vs fiat that matches buyers and sellers of large orders, discreetly and anonymously, at a much lower cost. Liquidity is not displayed so large orders do not move thin markets as they would publicly. The liquidity will come from direct XTRD DARK participants as well as aggregation of retail order flow into block orders, XTRD’s own liquidity pools, connections with decentralized exchanges to effectuate liquidity swaps, and OTC broker order flow.XTRD is partnering with a fiat banking providebroker dealer to onboard all XTRD DARK participants for the fiat currency custody side with full KYC/AML procedures.

XTRD Tokenomics

Who is XTRD intended for?

XTRD is mainly aimed at major institutions, hedge funds, algorithmic traders who are currently unable to enter the crypto markets.
These firms include companies such as Divisa Capital run by XTRD Advisor Mushegh Tovmasyan.

XTRD Weekly Updates

Upcoming Events

AMA's

Further AMA's will be coming soon!

XTRD In The Media

Resources

More information will be added to this thread as the project develops.
We are currently looking for key community members to assist in building out this thread.
If you are interested please email [[email protected]](mailto:[email protected])
submitted by tylerbro77 to XtradeIO [link] [comments]

The Easiest Forex STRATEGY! You must watch! 🙄 - YouTube Limit Order OCO Hedge Strategy How to Place Buy and Sell Orders on OANDA Web Forex ... Forex OCO Plugin for MT4 & 5 - How to Create OCO Orders  FXCM Trading Station Functionality Best Forex Price Action Trading Strategy That Will Change ... Forex - One Cancels Other (OCO) Orders

Oco order in ninjatrader 5 trading platform. NinjaTrader's "sim trading" feature is an excellent tool ishares gold etf uk stock brokerage consultants newer traders looking to gain experience in the order-entry arena, and the ecosystem is a valuable resource for finding indicators and strategies. Read Building a high-performance data system 15 thanks. Places One-Cancels-the-Other Order (OCO Order), One pip Limit Order and One Pip Stop Order on MetaTrader 4 (MT4) platform. Global Variables : Press function key F3" Change. OCO_BUY_LIMIT : Buy Limit Price. OCO_BUY_STOP : Buy Stop Price. OCO_SELL_LIMIT : Sell Limit Price. OCO_SELL_STOP : Sell Stop Price You might use this type of Forex OCO order when you think you have identified price levels that are likely to result in a reversion to the mean. In other words, trying to place the entry price for your limit orders at resistance levels, and then hoping that the price will rebound from these points. To appreciate the advantage of an OCO order over simply using two separate, discrete orders ... The investor could, therefore, place an OCO order, which would consist of a stop-loss order to sell 1,000 shares at $8, and a simultaneous limit order to sell 1,000 shares at $13, whichever occurs ... An OCO, also known as “One Cancels the Other” is a pair/pairs of orders wherein the execution of one order automatically cancels the other.It is the other name for a bracket order and aims at minimizing your losses. The Upstox OCO order includes 3 subsequent orders in a single order.. In Upstox, it is basically a stop-loss order to maximize profits in a given situation. OCO stands for ‘one cancels other’. In fact, an OCO is two orders (a stop order and a limit order), which are linked together by an OCO. The OCO tells your broker that if one order is executed, then the other order is automatically canceled. When either the stop or limit level is reached and the order executed, the other order will be ... For example, an OCO order can be used to set an upper limit order and a lower stop loss order at which a currency holding is to be sold. If one is triggered, the other is cancelled, thus the currency holding is free to trade within this pre-set range. The Takeaway: These are the basic terms and forex trading tools to be familiar with when ...

[index] [20334] [4394] [12115] [20311] [18830] [2906] [10562] [20662] [1030] [15873]

The Easiest Forex STRATEGY! You must watch! 🙄 - YouTube

Limit Order OCO Hedge Strategy http://www.tradingintl.com The following video will demonstrate the various ways of placing buy and sell orders and managing positions on OANDA's Web based Forex Trading Platform. Open... Track 'n Trade Live Forex overview of the One-Cancels-Other order placement within the software. Quickly add connected stops and limits to your orders with Track 'n Trade. BEST and EASIEST Forex Price Action Trading Strategy that will change your trading career. GAAAAAAAAAAAAANG GUYS.This is a price action strategy I developed ove... In the video I will explain what OCO orders are, how they work, and how to deploy them with my powerful panel for metatrader 4 ! I also developed an OCG which is a more advanced concept where one ... The 4 forex strategies that every trader should know ! 🚨🚨Trading Performance 🚨🚨 Improve Your Trading Performance at our Fundamental Trading Academy https://w... 43 videos Play all Forex Education by FXCM FXCM; Use OCO Orders & Breakout Strategies - Duration: 2:12. ... Limit Order OCO Hedge Strategy - Duration: 4:57. currencycollege 18,987 views. 4:57 ...

http://binaryoptiontrade.hiemowolcomptalkpark.cf