An at-auction limit order is an order with a specified price. An at-auction limit order with a specified price at or more competitive than the final IEP (in the event of buying, the specified price is equal to or higher than the final IEP, or in the event of selling, the specified price is equal to or lower than the final IEP) may be matched at the final IEP.
Any unfilled at-auction limit orders will be converted into limit orders and carried forward to the continuous trading session provided that the specified price of that at-auction limit order does not deviate 9 times or more from the nominal price.
A limit order having a price equal to the best opposite orders will match with opposite orders at the best price queue residing in the system, one by one according to time priority.
An enhanced limit order will allow matching of up to 10 price queues (i.e. the best price queue and up to the 10th queue at 9 spreads away) at a time provided that the traded price is not lower than the input price. The sell order input price cannot be made at a price of 10 spreads (or more) below the current bid price whereas the buy order input price cannot be made at a price of 10 spreads (or more) above the current ask price. Any outstanding enhanced limit order will be treated as a limit order and put in the price queue of the input price.
To learn more about conditional orders, please refer to the Hong Kong Conditional Orders section from UTRADE Web - HK/A-share Markets User Guide.
Odd lots of shares cannot be sold through UTRADE Online Trading Platform. Please contact our Client Services Hotline at (852) 2136 1818 if needed.
Odd lots of shares can be sold but cannot be bought through UTRADE Online Trading Platform. Please contact our Client Services Hotline at (852) 2136 1818 if needed.
Good-Till-Day (GTD) order allows your trade to remain valid within the expiry date which you have entered.
It supports HK and US markets and only with Price Limit orders. GTD orders will not support conditional orders. Send Now must be selected under conditional orders.
Under Today’s Order on UTRADE Web, you will be able to distinguish GTD orders as it will display a specific icon next to your Order Number, and will show the expiry date under Condition.
Under Order Book on UTRADE HK mobile app, the expiry date of the GTD orders will be shown in the order status's box.
Client will not receive notification in any form, if the order is not fulfilled and is cancelled on the predefined expiry date. Client should be aware on the status of their orders.