Order matching may take place instantly, or it may also take a while. The turnaround time will depend on the following:
- If a buy order is placed, it will be matched at the existing sell order price, starting from the lowest sell price, until the buy quantity is filled.
The highest price will be given priority. If two orders of the same price are placed, the order placed earlier will be given priority.
- If a sell order is placed, it will be matched at the existing buy order price, starting from the highest buy price, until the sell quantity is filled.
The lowest price will be given priority. If two orders of the same price are placed, the order placed earlier will be given priority.
Do note that if any of your open order has yet to match as of Friday at 10:00 pm, it will be automatically cleared as part of the Order Book reset. You may create a new order starting Tuesday at 10:00 am of the following week.
Have questions on our Market Operating Hours? See the full schedule here.