When an order is placed but not yet executed, you can still cancel it before it is completed. To do so, all you need to do is:
- Go into the Orders tab of your Sarwa Trade account
- Open the pending order you wish to cancel
- Select cancel
⚠️ Please note that orders can be modified or canceled for the opening cross before 9:25 AM and for the closing cross before 3:50 PM*. This means that you cannot cancel an order sent to the Nasdaq close to market open hours per exchange rules.
⚠️ If you submit a cancel request close to market opening, you should expect the cancel request to be rejected and the order to be filled at the official opening price.
*The hours are as per the NYSE which is Eastern Time Zone (ET).