FUTU HK Help Center-What is limit order/market order
English
Back
Open Account

What is limit order/market order

Limit Order: Limit order needs to specify the transaction price, and will only be executed when the specified price is reached or there is a better price.

Market order: A market order does not need to specify a price, and it is bought or sold at the current market price.

 

Pre-set orders

You can place pre-set orders during non-trading hours. These orders will be queued for execution until the market opens.

To place pre-set orders for the afternoon session:

  • Submit pre-set orders after the morning session closes at 10:30 Hong Kong Time.

To place pre-set orders for the next trading day:

  • Submit pre-set orders after the current day's market closes at 14:30 Hong Kong Time.