How to be 1st in queue?

[dennislwm]

good info. problem is both my online brokers(KE n DBSv) don't have this feature. time to look for another broker.

L&T has.

You can PM me, and I can give you contact of a reliable L&T Remisier.

[CityFarmer]

You should use Long Dated Order - Good till Day (GTD/ Good till Maximum (GTM). This is because your order will be in the order book for a specific number of calendar days or until the order is fully filled, which means you are ahead of those who put in normal limit orders the night before and before market opens. There is no use putting in limit orders the night before or before market opens. You will never get ahead of those orders in the order book.

d) Long Dated Order - Good till Day (GTD/ Good till Maximum (GTM)
Long dated orders allow clients to place an order that will stay in the order book for a specific number of calendar days or until the order is fully filled, specifically cancelled or the instrument has corporate actions, is de-listed or expired, whichever is earlier.

•GTD – Clients are required to insert a date that is within 30 days from the day the order is placed. If GTD is selected. In line with SGX’s regulatory rules, GTD orders that have an expiry of more than 30 calendar days from the day they were entered will be rejected by the system..
•GTM – These are orders that will stay in the order book for a maximum of 30 calendar days or until it is fully filled, specifically cancelled or the instrument has corporate actions, is delisted or expired, whichever is earlier. You are not required to insert a date as the order will expire 30 calendar days later.

There is no need to ask your broker to key in these orders. They are available on online platforms and you can DIY.

good info. problem is both my online brokers(KE n DBSv) don't have this feature. time to look for another broker.

L&T has.

I didn't use it before, but noticed that POEM has the GTD feature. It is off by default.

[Tiggerbee]

The GTD option is available only in POEMS 2.0, but not on POEMS 1.0.

[chialc88]

The GTD option is available only in POEMS 2.0, but not on POEMS 1.0.

exactly, I always use POEMS 1.0 and just log on first time to POEMS 2.0

Below is the screen shot for POEMS 2.0 and also LIMTAN for your references.


minor diff: LIMTAN (under advanced tag) has both GTD + GTM but POEMS 2.0 only have GTD.



LC

[palantir]

You should use Long Dated Order - Good till Day (GTD/ Good till Maximum (GTM). This is because your order will be in the order book for a specific number of calendar days or until the order is fully filled, which means you are ahead of those who put in normal limit orders the night before and before market opens. There is no use putting in limit orders the night before or before market opens. You will never get ahead of those orders in the order book.

d) Long Dated Order - Good till Day (GTD/ Good till Maximum (GTM)
Long dated orders allow clients to place an order that will stay in the order book for a specific number of calendar days or until the order is fully filled, specifically cancelled or the instrument has corporate actions, is de-listed or expired, whichever is earlier.

•GTD – Clients are required to insert a date that is within 30 days from the day the order is placed. If GTD is selected. In line with SGX’s regulatory rules, GTD orders that have an expiry of more than 30 calendar days from the day they were entered will be rejected by the system..
•GTM – These are orders that will stay in the order book for a maximum of 30 calendar days or until it is fully filled, specifically cancelled or the instrument has corporate actions, is delisted or expired, whichever is earlier. You are not required to insert a date as the order will expire 30 calendar days later.

There is no need to ask your broker to key in these orders. They are available on online platforms and you can DIY.

good info. problem is both my online brokers(KE n DBSv) don't have this feature. time to look for another broker.

L&T has.

cimb securities has this feature too