What happens to unexecuted stock orders on Pluang?
An unexecuted stock order on Pluang automatically expires when its validity period ends — at market close for a Day order, or at the end of the session for a Session order. Day and Session orders never carry over to the next trading day; a GTC Limit order (available in the Pluang app only) is different — it stays open until it's filled or cancelled, up to 180 days. Once an order expires, any funds held for a buy order are returned to your RDN balance immediately, with no fee charged either way. A stock hitting its daily price limit (ARA/ARB) can also prevent your order from matching even though it hasn't technically expired yet, and if a stock is suspended, any GTC orders on it are cancelled. ARA and ARB stand for Auto Rejection Atas and Auto Rejection Bawah — the IDX's daily upper and lower price-movement limits that automatically pause further price movement, and therefore order matching, once a stock hits either threshold for the day.
Common scenarios for unexecuted orders:
| Situation | What Happens |
|---|---|
| Limit order finds no match before its validity ends | Order automatically cancelled (expired); held funds returned to RDN |
| Stock is suspended by the IDX | Any GTC orders on that stock are cancelled |
| Stock hits its daily price limit (ARA/ARB) | Order cannot execute outside the ARA/ARB price range for that day |
| You manually cancel the order | Order cancelled immediately; held funds returned to RDN right away |
What happens to your funds and shares:
- For a cancelled or expired buy order: any funds reserved for it are returned to your RDN balance
- For a cancelled or expired sell order: your shares simply remain untouched in your portfolio
- No fee is ever charged for an order that doesn't execute — regulatory and Pluang fees only apply once a transaction actually completes
Related questions:
Q: How quickly are funds returned to my RDN after an order expires?
Funds are typically returned to your RDN immediately when an order expires at market close or is cancelled manually — there's no meaningful delay between the order lapsing and the cash becoming available again for a new order or a withdrawal.
Q: How do I cancel a pending order on Pluang before it expires on its own?
Go to Portfolio or Order History inside the app, select the active or pending order you want to remove, and choose the cancel option — this works at any point during the trading day while the order is still open.
Q: Is there a fee if my order doesn't execute?
No. Pluang does not charge any fee for an unexecuted or cancelled order, whether it expires naturally at end of day or you cancel it yourself. Regulatory fees like the Levy and KPEI fee only apply once a trade actually completes.
Q: Do expired orders still appear in my transaction history?
Yes. All orders — including ones that expired unfilled or that you cancelled manually — remain visible in the order history section of the Pluang app, so you can always confirm what happened to a given order.