What does a Day Order or Good ’Til Canceled Order mean?

A Day order is an order to buy or sell a Stock, ETF or Options, and it will automatically expire when the market closes at 16:00 EST or 20:00 EST (if the option to include the extended hours is included).

A Good ‘Til Canceled (GTC) order is an order to buy or sell a Stock, ETF or Options that lasts until the order is completed or cancelled. Generally, all open GTC orders expire 90 calendar days after they are placed on Webull. You can place GTC orders during regular trading and extended hours (from 04:00 to 20:00 EST on trading days), and you can modify or cancel your open GTC orders anytime.

All open GTC orders will generally be cancelled if there is any corporate action (stock split, exchange for shares, or distribution of shares).

For example, if you have a GTC order on a share that has gone through a corporate action resulting in a new symbol due to a merger, your GTC will be cancelled with the old symbol.

Note:

1. Options not filled on the contract expiry date will automatically be cancelled when the market closes.

2. GTC orders only available for Limit order, Stop order and Stop Limit order.