FUTU HK Help Center-What is the time-in-force
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What is the time-in-force

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

 

1. Day

The order is valid until the day of closing, and unfilled orders will be canceled after closing (15:00 HongKong time). The order submitted after the closing will be regarded as the Day order of the next trading day, which will be sumbited to the Exchange after opening (09:30 HongKong time) of the next trading day, and will remain valid until the close of the next trading day.

 

2. Good-Til-Canceled

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

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

 

3. Good-Til-Date

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.