TradeStation Help

Placing Funari Orders

This is a Japanese equities option that allows you to place a limit order that, if unfilled by the end of the active session, will automatically change to a Market order at the close of that session.

This Advanced setting is available only for use with Day, AM, and PM durations.

  1. From the Order Bar, click Advanced.
  2. Place a check mark next to Funari.

For example, if a limit order is placed in the morning (AM session) with a duration of Day (or AM) and is not filled by the end of the AM session, it will become a Market order at the close of the AM session.

In another example, if a limit order is placed during in the afternoon (PM session) with a duration of Day (or PM) and is not filled by the end of the PM session, it will become a Market order at the close of the PM session.