An open order is an order that has been submitted but not yet filled. Open orders typically remain on the Sporttrade order book until their execution conditions are met, such as reaching a specific limit price within the selected time-in-force period.
If an open order does not meet its execution criteria before the time-in-force expires, it will automatically expire.
What Happens to My Funds?
While an order is open:
• The required funds are temporarily held to support execution
• Those funds are not available for other trades
If an open order expires or is canceled without being filled, the held funds are returned to your available account balance.
Viewing Your Open Orders
You can view open orders from your portfolio.
To access your open orders:
• Open Sporttrade
• Go to your Portfolio
• Select Orders & Trades
• Choose Open Orders to view any active, unfilled orders
Canceling or Replacing an Open Order
You may cancel or modify an open order at any time before it is filled.
To manage an open order:
• Navigate to Open Orders
• Select the order you want to change
Canceling an order:
Canceling an order removes it from the order book and returns the held funds to your account balance.
Replacing an order:
Replacing an order first cancels the existing order, then allows you to adjust details (such as price or quantity) before submitting the updated order.
State Availability Note
Exchange wagering is currently unavailable in Iowa.
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