So I placed a $500 market order for FNILX in my Roth this morning and it still shows open. Do index fund orders only go through at market close or something? [Reply]
Originally Posted by MTG#10:
So I placed a $500 market order for FNILX in my Roth this morning and it still shows open. Do index fund orders only go through at market close or something?
Yep. I believe that's true of all mutual funds, but I could be wrong. [Reply]
Originally Posted by MTG#10:
So I placed a $500 market order for FNILX in my Roth this morning and it still shows open. Do index fund orders only go through at market close or something?
Usually close of business day the order will place. [Reply]
Index funds should settle right away. Or maybe I'm thinking ETFs
Mutual funds settle an hour or two after the market closes.
Edit:
My QQQE is an index fund and moves throughout the day
My ARKK is an ETF and moves throughout the day
My HGICX is a mutual fund and moves after market close [Reply]
JUST IN: Grand jury indicts Trevor Milton, founder of electric carmaker Nikola, on three counts of criminal fraud for allegedly lying about "nearly all aspects of the business."
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