What is the best time to submit stock order using online platform?

Q & AWhat is the best time to submit stock order using online platform?
Howie Phang asked 5 years ago

Hi Peter & KC,

I’m using the online platform, and i few questions on the queue system, best time to submit stock order. 

1) What is the difference of:
a) Last Done Price
b) Best Sell Price
c) Best Buy Price

2) When is the best time to submit the stock order?

3) Does the Queue system takes large quantity with the lowest selling price to match? or is on first-come-first serve?

For eg,
I saw at the Best Sell Price RM 8.10 (which at that time, have about 110 in Sell Quantity (S-Q)) for stock ABC, and i submit the stock order of RM 8.10 ( 3 x 100 shares) at 2.00pm.

However, after 5pm, the order did not match.
I also try submit order before the market open in the morning, but still not successful in getting order match.

thank you

Regards,
Howie