During post-trading, what happens to orders with validity of current business day?

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Multiple Choice

During post-trading, what happens to orders with validity of current business day?

Explanation:
When an order is set to be valid only for the current business day, it is tied to the active trading session. Once the session ends, there’s no live market left for it to be matched, so the post-trading system marks it as no longer valid and rejects it. It isn’t extended to the next day, nor kept as an open order, and it isn’t simply canceled by user action. The automatic response to expiration of a day-only order in post-trading is rejection.

When an order is set to be valid only for the current business day, it is tied to the active trading session. Once the session ends, there’s no live market left for it to be matched, so the post-trading system marks it as no longer valid and rejects it. It isn’t extended to the next day, nor kept as an open order, and it isn’t simply canceled by user action. The automatic response to expiration of a day-only order in post-trading is rejection.

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