Day Order

What is Day Order?

Day Order meaning An order that expires automatically at the end of each day’s trading session. There may be a day order with time contingency. For example, an ‘off at a specific time’ order is an order that remains in force until the specified time during the session is reached. At such time, the order is automatically canceled.

 

reference: U.S. COMMODITY FUTURES TRADING COMMISSION – CFTC Glossary