There are several reasons why your order may not be executed:
Price level:
Orders are executed by using the price at which the highest volume of orders can be executed. In other words:the price will be set at the level for which the highest number of Depository Receipts can be traded. When executing orders the limit price you have set is considered.
For a buy order, this means that your order will be executed (wholly or in part) if the price limit you set is higher or equal to the price determined at the auction.
For a sell order, this means that your order will be executed (wholly or in part) if the price limit you set is lower or equal to the price determined at the auction.
Trading volume:
If the trading volume is insufficient at the time you place your order, there may not be enough supply and demand to execute your order. In that case, your order may be put on hold until the volume suffices to meet your demand.
Price limit:
Because you are placing a limit order, giving a specific price at which you want to buy or sell, your order may not be executed if the price in the market does not match the price you set.
It is important to understand that the order execution depends on several factors, including the current market conditions and the trading volume.
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