What is an active order?

During the trading day, broker will execute the sale. The content and quantity of its purchase and sale constitute a specific order placed by the investor.

Orders that operate during a trading day or trading day and extended trading hours are called active orders.

Where have you heard about activity orders?

Each transaction you see or participate in contains at least two separate activity orders, a buy order and a sell order. The transaction is completed only if the buy and sell orders match, I .e. the parameters of each order match (in short, the sell price of one order matches the buy price of another order).

The information you need to know about the activity order...

Orders are divided into various types, including from order of the day(Traders provide parameters to the broker, the broker can only buy and sell within the day when the corresponding parameters are met) and other simple orders, to stop-loss limit orders (I. E. Both. Limit order and stop Loss Order characteristic orders) and other complex orders.

Any buy or sell order, regardless of the order type and parameters, is an active order as long as it operates during the trading day (or extended trading period).

The alternative option for an active order is instant Order according to the immediate order, the broker must fulfill the order immediately, otherwise it will be invalid, I .e. the order does not have enough time to become an "active order".