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O C T O B E R 1 6 19, 2 0 2 4DCDT 2024 Annual ConferencetoDCDT has a special rate! Please book hearth meeting will be held at the: West fields Marriott Washington Dulles, Chantilly, VA, 2SPONSORSHIPS CONFERENCE
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OCO stands for Originating Currency Type and Order. It is a term used in the financial industry to refer to the currency in which an order is placed and executed.
OCO is typically filed by financial institutions, investment firms, and other entities involved in trading or investing in foreign currencies.
OCO forms can usually be filled out electronically through a trading platform or financial software. The form will require information about the order type, currency pair, price, and quantity.
The purpose of OCO orders is to help manage risk by allowing traders to set up two orders simultaneously: one to take profit at a set price and one to stop loss at a set price.
OCO orders must include details such as the currency pair, order type (market order, limit order, stop order), price levels, and quantity.
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