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SGX Launches Long Dated Orders for Securities
The long dated orders feature that was previously announced by SGX has finally been implemented a few days ago.
These long dated orders will allow investors to retain buy or sell orders for longer than one day.
Investors can specify the number of days they want their orders to stay active up to a maximum of 30 days unless they are completed or cancelled.
Finally, I do not need to login daily to repeatedly key in my orders!
As the different brokerage houses use different platforms, you are advised to consult your broker to find out more about how to use this long dated orders feature.