Can a GTC stock order be amended or cancelled on Pluang?
A GTC order can be cancelled but never amended. Neither the price nor the number of lots can be changed once the order is placed — if you want different terms, you cancel the order and place a new one, which starts a fresh 180-day window. Cancelling is available at any point during trading hours, with one exception: you cannot cancel a GTC order in the same second you placed it. The cancel button is briefly greyed out immediately after placement, and this is an OJK regulation rather than a Pluang design decision. Once that moment passes, cancelling works normally and any funds held against the order return to your RDN.
GTC validity for Indonesian stocks is available in the Pluang app only. The web trading platform offers only Market orders and Limit orders with Day (end-of-day) validity, and does not offer GTC. Everything below describes the app.
What you can and cannot do to an open GTC order:
| Action | Available |
|---|---|
| Cancel the order | ✓ Yes — during trading hours, after the first moment |
| Change the price | ✗ No |
| Change the number of lots | ✗ No |
| Add Stop Loss or Take Profit | ✗ No — SLTP needs Day or Session validity |
| Cancel in the same second it was placed | ✗ No — blocked by OJK rule |
Things that can end your GTC order without you doing anything:
- The stock is suspended. All GTC orders on a suspended stock are cancelled — they are not held and resumed when trading restarts.
- A stock split occurs. Your open GTC order is amended automatically to match the post-split price, so the order continues rather than being cancelled. This is the one case where a GTC order's terms change, and it is done by the system, not by you.
- 180 days elapse. The order expires automatically after market close on the final day.
- A fee tier change takes effect. The order stays open, and if it later matches, the new fee applies to it.
Your daily order number changes — that is normal. Because the exchange withdraws and recreates the order each trading day, the IDX order number attached to your GTC order is different every day. The order you see in the app is continuous and does not need re-confirming. Only the unfilled lots carry forward, so a partially filled order continues with a smaller remaining quantity.
Cancelling costs nothing. No fee is charged for cancelling an order at any stage, because Pluang's fees only apply to completed transactions.
Related questions:
Q: Why is the cancel button greyed out right after I place a GTC order?
Because OJK regulation prohibits cancelling an order in the same second it was placed. The greyed-out state is temporary and clears within moments — it is not an error, and it does not indicate a problem with your order. Once it clears, you can cancel normally at any point during trading hours.
Q: What happens to my GTC order if the stock gets suspended?
It is cancelled. Pluang cancels all GTC orders on a stock when that stock enters suspension, rather than holding them dormant until trading resumes. Any funds held against a buy order return to your RDN. If you still want the position once the suspension lifts, you will need to place a new order.
Q: What happens to my GTC order during a stock split?
The order is amended automatically so its price matches the post-split price, and it continues running rather than being cancelled. This is handled by the system on your behalf — there is nothing for you to adjust. It is the only circumstance in which the terms of a GTC order change after placement.
Q: How do I change the price on an existing GTC order?
You cannot change it — you cancel the existing order and place a new one at the price you want. Be aware that the new order starts its own 180-day window from the day you place it, and it joins the queue as a fresh order rather than keeping the original's position. If you expect to adjust your price often, a Day order may be a better fit, since those can be amended.