What is the time-in-force

Investors can choose the order validity period Time-in-force when placing an order. Choices include Day and Good-Til-Canceled.

1. Day

The order is valid until the day of closing, and unfilled orders will be canceled after closing (15:00 Beijing time). The order submitted after the closing will be regarded as the Day order of the next trading day, which will be sumbited to the Exchange after opening (09:30 Beijing time) of the next trading day, and will remain valid until the close of the next trading day.

2. Good-Til-Canceled

(1) The order will continue to be effective until the order is fully executed, canceled and the order fails. Investors can place a pending order at an ideal price in advance.

(2) The maximum order period is maintained at 90 natural days, and orders will be automatically canceled after the deadline.