Moomoo Malaysia Help Center-What is the Time-in-force
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What is the Time-in-force

For the order period, investors can choose the order validity period Time-in-force when placing an order. Choices include Day , Good-Til-Canceled and GTD.

 

1. Day

The order is valid until the day of closing, and unfilled orders will be canceled after closing (15:00 Beijing time).

 

2. Good-Til-Canceled

The order will continue to be effective until the order is fully executed, canceled or the order fails. Investors can place a pending order at an ideal price in advance.

Note: The maximum order period is maintained at 90 natural days, and orders will be automatically canceled after the deadline.

 

3. GTD

The order is active until the market close on a specified date, unless it is fully filled, cancelled, or fails. If the specified date is a non-trading day and the order remains unfilled, it will be cancelled automatically after the market closes on the last trading day prior to the specified date.