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Full Version: SGX launches long dated orders for securities
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This feature is available elsewhere, but it is good that SGX enabling it now...

SGX launches long dated orders for securities

Singapore Exchange (SGX) has launched long dated order types for securities, allowing investors to retain buy or sell orders for longer than the usual one day.
With long dated orders, investors can specify the number of days they want their orders to stay active. Orders can be kept active for a maximum 30 days unless they are completed or cancelled. This compares with the usual practice of un-executed orders automatically expiring at the end of the trading day.

http://infopub.sgx.com/FileOpen/20130801...eID=250182
what if a order for a low priced stock got filled one lot per day til end of 30 days. ouch!
How about having a "stop loss" and "take profits" function? Especially useful you can key in multiple stop loss and take profits orders
even if you put in everyday, also have the possibility of getting filled 1 lot per day.
i tot they gg to insert that circuit breaker thingy, how to have such long-dated orders?