There may not be enough shares trading at your limit price during the day to completely fill your order based on the conditions of the limit order. The future of the order depends on its expiration:
- Expire at end of day – Your order closes at the end of the day no matter how many shares were posted. You’re charged the commission at this time and will need to enter a new order if you wish to trade the rest of your shares.
- Good until canceled – Your order will remain open for up to 60 days and trade the rest of your shares if/when the price is right again. You’re charged the commission each day that shares trade even if it is only partially filled.
If you are trading at least 100 shares, you may want to consider the All or None option for your limit order. Your trade will only be completed if we can fill your entire order.