What are the order validity periods for Indonesian stocks on Pluang?
Pluang currently offers two order validity types for Indonesian stock orders: Session and Day. A Session order is valid for one trading session only (Session I or Session II). A Day order is valid for the full trading day and expires when the market closes. GTC (Good Till Cancelled) orders — which remain active across multiple days — are not currently available on Pluang.
Order validity types on Pluang
| Validity Type | Duration | What Happens When It Expires |
|---|---|---|
| Session | One trading session (Session I: 09:00–12:00 or Session II: 13:30–15:49 Mon–Thu; adjusted on Fri) | Order is automatically cancelled at the end of that session; funds returned to RDN |
| Day | Full trading day (until market close at 15:49 WIB) | Order is automatically cancelled at end of day; funds returned to RDN |
| GTC (Good Till Cancelled) | ❌ Not currently available | — |
What this means for your orders
- If you place a Session order during Session I and it isn't filled by 12:00, it expires automatically — you'd need to re-enter it for Session II if you still want to trade
- If you place a Day order, it remains active for the entire trading day across both sessions, giving your limit order more time to be matched
- Expired orders do not incur any fee — any funds held for a buy order are immediately returned to your RDN
Related questions:
Q: Which validity type should I choose — Session or Day?
If you only want to trade at a specific price during one session, use Session. If you're willing to wait for a price match across the full day, use Day.
Q: Does Pluang support GTC (Good Till Cancelled) orders?
No. GTC orders are not currently available on Pluang. Unfilled orders must be re-entered each trading day.
Q: What happens to my funds when an order expires?
For buy orders, any funds held are returned to your RDN balance immediately when the order expires. For sell orders, your shares remain in your portfolio.
Q: Can I manually cancel an order before it expires?
Yes. You can cancel any pending order at any time through the Order History section in the Pluang app.