Day Order

外汇网2021-06-19 14:37:23 174

Any order to buy or sell a security that automatically expires if not executed on the day the order is placed.

A day order will not be executed if the limit or stop order prices were not met during the day. A way to increase the life of an order is to order securities on a "good until canceled" basis, in which the trade will not expire until it is canceled or until it reaches a maximum time limit set by the brokerage.

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