Order Expiry Types
When placing an order, you must choose an expiry type. This determines how long an unfilled order stays in the market before being automatically cancelled.
There are two expiry types available:
| Expiry Type | ASX | US Markets | HKEX |
|---|---|---|---|
| Day Only | ✓ | ✓ | ✓ Only option |
| Good Till Date | ✓ Up to 6 months | ✓ Up to 1 month | ✗ |
Day Only
A Day Only order remains open in the market for the duration of the current trading day. If the order has not fully filled by the end of the trading day, it will be automatically cancelled. It will not roll over to the next trading day.
Good Till Date
A Good Till Date (GTD) order remains open in the market until a date you specify, giving more opportunities for the order to be filled. If the order is not filled by the specified date, it will be automatically cancelled.
You can set an expiry date of up to 6 months from the date the order is placed. Once placed, you can extend the expiry date at any time by editing the order. See: How do I edit an order? (help.selfwealth.com.au)
Please note: US securities: Good Till Date orders are active for a maximum of one month. After this period, the order will be automatically cancelled regardless of the expiry date selected.
Please note: HKEX (Hong Kong) securities: Good Till Date is not available for HKEX trades. Only Day Only orders can be placed on the Hong Kong Exchange.