FUTU HK Help Center-What is the time-in-force
English
Back
Open Account

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 (16:10 Hong Kong Time).

Notes:

1.1 Stocks/ETFs: Unfilled orders will be cancelled after the market closes at 4:10 PM Hong Kong Time.

1.2 Options/Warrants/CBBCs/Rights Issues: Unfilled orders will be cancelled after the market closes at 4:00 PM Hong Kong Time.

1.3 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, canceled the order fails. Investors can place a pending order at an ideal price in advance.

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

 

3. Good-Til-Date

3.1 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.