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Contingent order
A stock exchange order that links two transactions so that one is contingent on the other and they can only be executed together. With a contingent order the proceeds of the sale of one security can be used when switching to another.
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- Part of Speech: noun
- Synonym(s):
- Blossary:
- Industry/Domain: Banking
- Category: Investment banking
- Company: UBS
- Product:
- Acronym-Abbreviation:
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