SGX to offer more types of orders throughout trading session
SINGAPORE Exchange (SGX) said yesterday that it will offer more types of orders throughout the trading session, to give investors greater flexibility and convenience.
From March 31, market orders and market-to-limit orders, which were previously only offered during the market opening and closing auction phases, will be available throughout the trading session.
Market orders are buy or sell orders which are executed immediately at current market prices, while market-to-limit orders ensure that at least a portion of an order is executed while avoiding the risk of getting the order fully filled at a price that is too far away from the last-traded price for the remaining portion of the order.
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