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A market order does not need to specify a price, and it is bought or sold at the current market price.
Pre-set orders can be placed after the end of the U.S. T day during the post-hours trading session, and can be executed on T+1 day. The pre-paid orders support settings: 1. Valid on the Day or Good-Til-Canceled, 2. Whether to allow Fill outside RTH.
ET 09:30-16:00
Notes:
● The United States has summer time and winter time. Summer time is from 16:00 Hong Kong Time to 8:00 the next morning, and winter time is 17:00 Hong Kong Time to 9:00 the next morning.
● US Eastern Time 04:00-09:30 is the pre-market trading hours for US stocks, and 16:00-20:00 is the US stocks post-hours trading hours. Pre-market and post-market orders will be submitted to the exchange for trading.
1) When a market order is placed in the pre-market period, the system will freeze the order and submit it to the exchange for trading during the continuous trading hours;
2) A market order does not specify a price and may fill at an unexpected price when market conditions change rapidly.
3) Note that the market order price will be calculated according to the mkt order multiplier * current price, and Airstar would change or reset the multiplier in accordance with market situation. Your purchasing power will be reduced accordingly. After the order is completed or canceled, the frozen part of the purchasing power will be released.
4) To prevent the execution prices of market orders from greatly deviating from expectations and causing losses, Airstar will temporarily disable market orders in specific trading situations.
Disclaimer
Market order is a convenient online trading method provided by Airstar for customers. Airstar provides stable services as much as possible, but it cannot guarantee its absolute reliability. If the market order is not executed due to network interruption, server abnormality and other physical factors, Airstar will not be liable for any loss or damage caused thereby.
