Adding an O.B. to your order means the floor broker will only fill the order if it is trading at the fixed price or better.
This order instructs the floor broker to bid on a contract you want to buy or offer a contract you want to sell at a specified price several times and cancel it immediately if it cannot be filled at that price.
If you have any questions either contact your IECo representitive or call: 1-800-284-1007
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