Definitions for "Alternative order"
Two orders given to a broker, for which the execution of either one automatically cancels the other. An example is a buy limit/buy stop order. also called either-or order
Limit order to do either of two alternatives, e.g. either sell or buy a particular financial instrument at a limited price.
Two orders given to a broker with an action of either to buy or sell, never both. Execution of one action automatically eliminates the other.
Keywords:  amex, ask