Moomoo Singapore 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 cancelled after closing (17:16 Singapore time).

      1.1 Short selling is only available for day orders.

       

      2. Good-Til-Canceled

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

      2.2 Attention:

      ● Orders that have not been completed on the day will be cancelled after the close auction session (17:16 Singapore time), when the Opening Routine starts on the next trading day (8:30 Singapore time), they will be queued and submitted as limit orders to Exchanges, participate in Pre-opening auction transactions.

      Please note: If the order price exceeds the 30 spread at the time of buying or selling at the time of submission to the exchange, the order will be rejected by the SGX and become invalid, and the customers will need to place an order again.

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

       

      3. GTD

      3.1 GTD: A GTD (Good Till Date) order will remain active until the market close of a specified date, unless it fails or is fully filled or cancelled. 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. 
      3.2 Attention:
      ● Orders that have not been completed on the day will be cancelled after the close auction session (17:16 Singapore time), when the Opening Routine starts on the next trading day (8:30 Singapore time), they will be queued and submitted as limit orders to Exchanges, participate in Pre-opening auction transactions.
      Please note: If the order price exceeds the 30 spread at the time of buying or selling at the time of submission to the exchange, the order will be rejected by the SGX and become invalid, and the customers will need to place an order again.