Cancel a pending order
After placing an order, you might have the option to cancel it before it’s executed within the app or on the web.
You can’t replace an order that’s been executed in the market or in your account through the web. Also, check out Trading with Robinhood Legend for details about how to cancel an order in Legend.
To cancel a pending order in the app:
Even if you try to cancel a regular-hours order (good-til-cancelled or good-for-day) for a NASDAQ-listed stock between 9:25 AM ET and 9:30 AM ET, we’ll keep the order open in the pending state until the opening cross for the stock. The opening cross usually happens at 9:30 AM ET. This is a NASDAQ rule that we can’t change, so be sure to cancel your pending order before 9:25 AM ET to avoid an execution.
Our app will show you the equivalent British Summer Time (BST) that matches up with the US Eastern times for trading hours. For example, 9:30 AM ET is 5 hours behind GMT and 4 hours behind BST, so the time displayed will either be 2:30 PM GMT or 1:30 PM BST.
You can cancel a pending fractional order the same way as you would cancel a pending whole-share order. However, the following are a few times when you can’t cancel a pending fractional order:
If you place a fractional order and it’s routed to a market maker but a trading halt goes into effect before the order executes, you can’t cancel it. The order will execute when the halt is lifted.
All investments involve risks, including the loss of principal. Investors should consider their investment objectives and risks carefully before investing.
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