The Government of Canada’s terminology and linguistic data bank.

EITHER ORDER [1 record]

Record 1 2010-08-10


Subject field(s)
  • Stock Exchange
  • Investment

[An] order giving a broker a choice between two courses of action ...


Such orders are either to buy or to sell, never both. Execution of one course automatically makes the other course inoperative. An example is a combination buy limit/buy stop order, wherein the buy limit is below the current market and the buy stop is above.

Key term(s)
  • either or order
  • one cancels the other order


  • Bourse
  • Investissements et placements

Ordre de bourse donnant à la maison de courtage de valeurs ou à un autre intermédiaire le choix entre deux opérations sur marchandises, sur valeurs ou sur autres instruments financiers.


L'exécution de l'une des opérations annule automatiquement l'autre.


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