How Long Is the Validity of Orders Placed in the 24-Hour Market?
Orders placed through the 24-Hour Market use DAY validity only, meaning the order is valid for that trading day alone. There is no GTC option in the extended sessions, so an order cannot be carried across multiple days the way a Regular-hours Limit, Stop, or Stop-Limit Order can. If the order has not executed by the end of the session cycle at 08:00 WIB, or 07:00 WIB during US Daylight Saving Time, it is cancelled automatically as expired and any USD balance reserved for it is returned to your account. In practice this means an order placed on Monday at 08:00 WIB stays open until Tuesday at 08:00 WIB and then lapses if nothing has filled it. If you still want the position, you place a fresh order in the next cycle.
- Validity available: DAY only — the order is valid for that trading day alone
- No GTC: the extended sessions do not offer a Good Till Canceled option at all
- Expiry time: 08:00 WIB, or 07:00 WIB during US Daylight Saving Time
- What happens at expiry: the order is cancelled automatically and any reserved USD balance is returned
- Worked example: an order placed Monday 08:00 WIB stays open until Tuesday 08:00 WIB, then lapses if unfilled
- If you still want the position: place a fresh order in the next session cycle
Related questions:
Q: Why is GTC not available in the 24-Hour Market?
GTC validity is offered in the Regular Market session only, where the full order menu applies. The extended sessions are built around Limit Orders with DAY validity, so an order placed there is designed to live for a single cycle rather than sit open for up to 30 calendar days. If you want GTC, place the order during Regular Market hours instead.
Q: What exactly counts as the end of the day for a 24-Hour Market order?
The 08:00 WIB boundary that closes one session cycle and opens the next, shifting to 07:00 WIB while US Daylight Saving Time is in effect. That is the point at which an unfilled order expires, rather than the close of the Regular Market session at 04:00 WIB partway through the cycle. An order therefore survives the Regular Market close and continues into Post-Market.
Q: Do I get my money back when the order expires?
Yes, automatically. Any USD balance reserved for an unfilled order is released back into your account when the order lapses, with no fee deducted for the expiry itself and nothing you need to request. This works the same way as an expired DAY or GTC order placed during Regular Market hours does. The release happens as part of the automatic cancellation rather than as a separate step.
Q: Can I change a 24-Hour Market order to GTC after placing it?
No. Order validity cannot be edited after placement on Pluang, for any order type, and in the extended sessions GTC is not an option to begin with. If you want a longer-lived order, cancel the existing one and place a new order during the Regular Market session, where GTC validity is available to you. Bear in mind that the new order will follow that session's own rules.