Next Order

A next order is a contingent order placed by an investor with a securities broker. Next orders are also referred to as if-done orders.

A next order is made up of a series of at least two separate orders. These may be market orders, limit orders, stop orders or any other type of order offered by a broker. If and when the first order is filled, the subsequent order is placed.

This type of order can be used to set up a full-circle trade ahead of placing the order. The number and combinations of orders which can be included in a next order are limited only by the options provided by individual brokers.

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Moneyland Special Offers

Swiss private banking expertise

Personal wealth management

  • Up to CHF 100 welcome bonus

  • Free and convenient video call

  • An investment strategy tailored to your goals

Online private account

UBS Banking for adults

  • Open and manage your account, savings account, and cards easily in the UBS Mobile Banking App

  • Plus KeyClub rewards program

  • 50 CHF welcome gift

Swiss Trading Platform

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  • Leading Swiss online bank with FINMA license

  • Free multicurrency account & low commissions

  • Access to more than 3 million products (shares, ETFs, crypto and more)

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Editor Daniel Dreier
Daniel Dreier is editor and personal finance expert at moneyland.ch.