When placing a pending order, investors can choose its validity period.
The order is active until the end of relevant trading sessions on the day it is placed. Unfilled orders will be cancelled afterwards.
The order will continue to be valid until the order is fully filled, cancelled or failed. Unfilled orders will be cancelled at end of the next calendar quarter.
Canada stock trading hours include the pre-market trading session, the continuous trading session and the post-market trading session. When placing a pending order, investors can choose whether to allow it to be active in the pre-market and post-market trading session.
Orders can be matched in the pre-market and post-market trading sessions as well as the continuous trading session. Unfilled orders in the continuous trading session will be automatically transferred to the post-market trading session.
Orders can be matched only in the continuous trading session.
| Time in Force | Fill outside RTH | Order is active |
| Day | Allow | Until the end of the post-market trading session on the day it is placed. |
| Day | Prohibit | Until the market close on the day it is placed. If it is placed in post-market trading session, it will be reserved until the market close of the next trading day. |