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The order is left on the order book for a period of time during which market conditions could change and the order may become unfavourable.
The order may incur more transaction cost if the order is partially filled each day and commissions are charged on each day that an execution occurs.
Note:
For partial filled trades across different dates, you may view the accumulated executed quantity in your order book. To avoid any trading error, you need to check on the trade date and its respective executed quantity and price.
Step 1: Go to “Trade” tab
Step 2: Go to “Order Book”
Step 3: Click on “Details”
You need to ensure there are enough shares in your CDP account for your GTD / GTM sell orders. If there are insufficient shares, there is a risk of short selling if you place a GTD/GTM sell order.
You need to ensure there are enough shares and limits available in your CPF/SRS Accounts for your GTD/GTM orders. . If there are insufficient shares, there is a risk of short selling if you place a GTD/GTM sell order. If there are insufficient limits, there is a risk your buy long dated order, after the orders is fulfilled, is revoked to a Cash trade and subject to settlement within 3 days.