The allowed order types are:
- Good till Cancel (GTC): Orders are valid until cancelled.
- Good till Date (GTD): Orders are valid until specified date or cancelled.
The additional conditions for Overnight Order are:
- The order will be kept in SET’s trading system for 30 calendar days at maximum. (The order entry date is the first date.)
- Overnight Orders will be cancelled in one of the following cases:
- When the order price is outside ceiling and floor of each day.
- On The first day when the ex-beneficial sign is posted on the securities* such as dividend payment (XD), Right to subscribe newly issued shares (XR), Right to receive a warrant(XW) and Capital return payment (XN), etc.
- When there is a change of the securities details in the Trading System as determined by the Exchange e.g. change of securities symbol, change of par value of shares which results in the increase or decrease in the number of shares, etc.
- Overnight Order for odd lot trade is not permitted.
- In case SET imposes a measure to buy securities with advanced fully-deposit cash (or Case Balance account) due to trading supervision measures or where C (Caution) sign is posted etc., members need to supervise the overnight order to comply with such measures.
