A GTD order allows you to place an order that will remain in queue until a specified date (up to a maximum of 30 calendar days), or until order is:
- Entirely filled,
- Cancelled by you,
- Cancelled due to limit price hitting aggressive price range for HKEX ( +/- 9 ticks of nominal price) due to market fluctuation,
- Security is delisted, suspended or has corporate actions
Whichever occurs first will determine the end of the order’s validity.
What should I take note:
- GTD order might become unfavorable if market conditions change.
- You may forget your order.
- Processing and exchange cost may be higher if the GTD order is partially filled over multiple trading days.