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Time in force

Time in force for an order indicates how long the order will remain active before it is filled or expires. Time in force selections include Day and GTC (Good-Til-Canceled).

 

Day

1. A day order expires at the end of the trading day if it remains unfilled. Unfilled orders will be cancelled after the market closes at 05:16 PM MYT & SGT.

2. Short selling is only available for day orders.

 

GTC

1. A GTC order remains active until it is fully filled, cancelled or rejected. Investors can place a GTC order at an ideal price in advance.

2. Notes

● A GTC order that remains unfilled by the end of the trading day will be cancelled after the close phase (at 05:16 PM MYT & SGT), and will be queued and submitted as a limit order to the exchange for pre-opening auction when the pre-open phase starts (at 08:30 AM MYT & SGT) on the next trading day.

● If the price of an order deviates by more than 30 or 300 bids from the highest buy price or the lowest sell price when submitted to the Singapore Exchange, the exchange will reject the order. Clients will then have to submit a new order.

● A GTC order remains active for up to 90 calendar days and will be cancelled automatically at expiration.