Ability to update or cancel a pending limit order | Voters

Ability to update or cancel a pending limit order

planned

Pujan Kafle

It would be great to have the ability to update a pending limit order to avoid canceling and adding a new order.

February 3, 2022

Tim U.

Any update on this one please guys? I got burned by this yesterday. The trade interface forces a Limit Order for shares with a low trading volume over a pre-defined trade amount, and I was forced to cancel and place another order after the market moved away from my limit price. Cost me an additional brokerage fee.

Hayden> "Limit orders aren't super popular right now" - Is this is still true?

Hayden Smith

Merged in a post:

Amending Order feature missing

AdnanSaeed

Like commSec if you add a feature to Amend an order without cancelling and reordering will be great.

Thanks

July 11, 2023

Hayden Smith

marked this post as

planned

Hayden Smith

marked this post as

under review

Hayden Smith

Merged in a post:

Ability to cancel limit trade request after hours

Matthew Eldridge

Currently can only cancel an open trade request between 7am - 7pm Mon - Fri. Would like the ability to cancel at any time and return unused funds to trading account.

July 8, 2023

Vijay Trivedi

Absolutely! I find it rather odd that there is only a "cancel" on the order. This should be standard.

sho der

I agree. Limit orders are placed in a queue by the ASX. The ASX allows the following order details to be changed, without you losing your place in the queue: order expiry date; number of shares ordered can be reduced. Pearler only allows cancellation so either, lose your place in the queue, or cannot adjust your order. Instead, could Pearler allow the changes that the ASX allows.

Rhett Kipps

The inability to cancel limit orders after hours is disappointing. Just got caught by it tonight.

Abhinav Jain

Yup, it would be great if we had that feature

Hayden Smith

Hi Matthew! This is only an issue with limit orders at the moment. We just haven't invested in building an internal queue structure to essentially record your request and execute the cancel later. Limit orders aren't super popular right now, but thanks for this post as if we see it upvoted by enough people over time we'll action it.

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