Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money.
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money.

What are bracket orders? (US options and futures)

Bracket orders, also known as a One Triggers and One Cancels Other (OTOCO) order or a One Cancels Other (OCO) order, may be placed using the US options and futures desktop platform when using the 'table' or 'çurve mode' in the 'trade tab'.

Eligible position types for bracket orders

Stocks*/ETFs
Single-leg equity/ETF options
Multi-leg equity/ETF options
Futures (including micros & Smalls)

*OTOCO orders are not available when shorting Hard-to-Borrow (HTB) stocks due to the potential of no share availability. However, OCO orders may be used on an already established short stock position that is HTB. Additionally, when using an OCO or OTOCO for any futures position, please be aware that stop market orders are subject to CME's Market Order with Protection handling.

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The value of shares, ETFs and ETCs bought through a share dealing account, a stocks and shares ISA or a SIPP can fall as well as rise, which could mean getting back less than you originally put in. Past performance is no guarantee of future results.