BUY and SELL market orders are executed in real time.
As soon as you click on ‘Open Trade’ or ‘Set Order’, an order to open a trade is created. You will see the message 'Order received' at the bottom of the screen. Also, order requests are shown in the Orders tab on your portfolio with the status ‘Received’.
Then, we await the market execution of your request at the best available price.
If the market you are trading in is open, the order is usually filled within a few seconds. You will see the message 'Order filled' at the bottom of the screen. The order disappears from the Orders tab and the new trade is shown in the Portfolio with the fill price received.
If the market is closed, we will execute your trade the next time the market opens at the best price available at that time. This is called an after hours order. For some stocks, you may only be able enter orders during market hours.