What do I need to know about buy orders in Online Share Trading?
Last Updated: 01 Feb 2017
For us to place your order on the market, you must have sufficient funds in your ASB Securities account, and those funds must remain in your account for the entire time your order remains on market. Once your order is executed, those funds must remain in your account until settlement date.
All buy orders are valid for 20 business days and will then expire of whether the order has traded in part. After expiration, it’s your responsibility to replace your orders.
Find out more information on placing you first order online with our guide.
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