What is a limit order on Stake AUS?
A limit order lets you buy or sell a set number of shares at a specific price or better.
A buy limit order will only execute at your limit price or lower.
A sell limit order will only execute at your limit price or higher.
Limit orders are not guaranteed to execute. If your set price isn’t available, the order stays active until it’s:
Partly or fully filled
Cancelled
Expired
Submitting a limit order outside trading hours
If you place a limit order outside trading hours (between 4:21pm and 7:00am AEST/AEDT), it won’t reach the market immediately. Instead, it’ll be queued and submitted at 7:00am on the next trading day during the Pre-Open session.
Exception: If you place a limit order during the Post Close session (4:11pm – 4:21pm AEST/AEDT) at the closing price, it’ll be submitted in that session.
Expiry options for limit orders
You can choose one of two expiry settings:
End of Day (EOD): Expires at market close on the day it's placed if not filled
Good-Til-Cancelled (GTC): Remains active for 30 or 90 days, unless cancelled or filled
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