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What does using TIF=Day for market orders mean?

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    What does using TIF=Day for market orders mean?

    hello, if i place a "market" order with TIF set to "Day", will this still mean my market order (position) stays open until i close it out manually, or will this position get closed at end of trading session (day)??

    thanks in advance.

    regards, rod

    #2
    GM Rod, this would be the TIF setting for the order and not for the resulting position - so the position would not get closed at the end of the session from this property.

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