{"id":180597,"date":"2021-06-24T20:38:00","date_gmt":"2021-06-25T00:38:00","guid":{"rendered":"https:\/\/ibkrcampus.com\/glossary-terms\/limit-on-close-order\/"},"modified":"2023-01-22T13:36:44","modified_gmt":"2023-01-22T18:36:44","slug":"limit-on-close-order","status":"publish","type":"glossary-terms","link":"https:\/\/www.interactivebrokers.com\/campus\/glossary-terms\/limit-on-close-order\/","title":{"rendered":"Limit-on-Close Order"},"content":{"rendered":"

An order that executes at the closing price if the closing price is at or better than the submitted limit price, according to the rules of the specific exchange. If the closing prices is not at or better than the submitted limit price, the Limit-on-Close (LOC) order will be cancelled. For more information, see the\u00a0Limit-on-Close Orders\u00a0page.<\/p>\n","protected":false},"excerpt":{"rendered":"

An order that executes at the closing price if the closing price is at or better than the submitted limit price, according to the rules of the specific exchange. If the closing prices is not at or better than the submitted limit price, the Limit-on-Close (LOC) order will be cancelled. For more information, see the\u00a0Limit-on-Close Orders\u00a0page.<\/p>\n","protected":false},"featured_media":0,"parent":0,"template":"","meta":{"_acf_changed":false,"footnotes":""},"traders-glossary":[13276,13251],"class_list":{"0":"post-180597","1":"glossary-terms","2":"type-glossary-terms","3":"status-publish","5":"traders-glossary-trading-terms-l","6":"traders-glossary-trading-alphabet"},"pp_statuses_selecting_workflow":false,"pp_workflow_action":"current","pp_status_selection":"publish","acf":[],"yoast_head":"\nArchives Term | IBKR Glossary | IBKR Campus<\/title>\n<meta name=\"description\" content=\"An order that executes at the closing price if the closing price is at or better than the submitted limit price, according to the rules of the specific...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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