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Open Order

A standing order, also known as a Good-Till-Cancelled or Good-Till-Date order, is a type of order that stays active in the trading system for more than a day. This means that it will remain in effect until it is either executed or manually cancelled by the trader. It is a useful tool for investors who wish to keep a long-term position in a particular asset. Withstanding orders, traders can efficiently manage their portfolio and make strategic decisions based on market conditions.

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