Advanced order routing allows you to chain executions together, automating risk management without constant monitoring.
A pair of orders submitted concurrently (typically a take-profit limit order and a stop-loss order). The execution of one order automatically triggers the immediate cancellation of the other.
An initial primary order that, upon execution, triggers the submission of one or more secondary orders. A common application is a “bracket” order, where a completed buy order automatically submits an OCO bracket (a take-profit and a stop-loss) to manage the position.