Are we allowed to bid stock price after trading hours/office hours for the day? E.g. Sat/Sun. Will the price we bidded be in the queue for the next trading day? - Seedly
 

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Stocks Discussion

Asked by Anonymous

Asked on 30 Jun 2019

Are we allowed to bid stock price after trading hours/office hours for the day? E.g. Sat/Sun. Will the price we bidded be in the queue for the next trading day?

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Bjorn Ng
Bjorn Ng
Top Contributor

Top Contributor (Dec)

Level 9. God of Wisdom
Answered on 10 Dec 2019

Yeap that's possible! There is an option you can select for your order, by default it's set as "Day". That means by end of day, if it's not filled, it will be cancelled. There is also another GTD option which means Good-Till-Date, where your order will be in effect at the price & date that you stated.

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Darren Chew
Darren Chew
Level 5. Genius
Answered on 30 Jun 2019

Yes, you can and if the trade is not executed, it will be purge off after the market is closed in the next trading day.

You can also place a GTD (good to date) order and queue for 1 month. The order will be removed after the expiry date.

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Yee Woon
Yee Woon
Level 6. Master
Answered 5d ago

Yes you submit order before or after market.

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Yes, most platforms allow you to do that. It will just queue till the next trading day and execute if the price and quantity matches.

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Wilson Nid A Break
Wilson Nid A Break
Level 8. Wizard
Answered on 11 Dec 2019

Yes, this is how i actually put my market orders. Looked at the closing bid/ask volumes then decide whats a reasonable price target that can be achieved on the next opening day.

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Jonathan Chia Guangrong
Jonathan Chia Guangrong, Fund Manager at JCG Fund
Level 8. Wizard
Answered on 11 Dec 2019

Possible, but I won't really recommend it. You never know what happens at the opening bell.

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Choon Yuan Chan
Choon Yuan Chan
Top Contributor

Top Contributor (Dec)

Level 9. God of Wisdom
Updated on 10 Dec 2019

Yes, you can. The prices you bid at will show up the next day.

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