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You can view open and pending brokerage and mutual fund account orders, as well as all of today's mutual fund cancellations and transactions. You can attempt to cancel or cancel and replace (change) a pending order.
Average price trade reporting is the process of taking all of the individual executions in an order and creating a single weighted-average price record for that trade.
Fidelity Electronic Funds Transfer transactions in brokerage and College Savings Plan accounts are not displayed on the Orders page. Call a Fidelity representative at 1-800-544-6666 for information about a brokerage account Electronic Funds Transfer request, or 1-800-544-1914 for information about a college savings plan account Electronic Funds Transfer request.
The Order Details page is not automatically updated. To see recent order status changes, click the Update button.
You can attempt to cancel an open or partially filled order for most types of securities. To attempt to cancel an order that has not yet executed, click Attempt to Cancel next to the order details. Review the order to make sure that this is the order you want to cancel. To place an attempt to cancel order, click Attempt to Cancel Order.
You see a cancel order confirmation, identified by a unique cancellation order number. Confirmation of a cancellation order does not necessarily mean the order has been cancelled, only that an attempt to cancel the order has been placed.
For mutual fund cross family trades, your order first appears as a single order identifying both the sell and the buy. You can attempt to cancel the entire order at this time. When the sell executes, the orders will appear as a separate sell and buy order. You can attempt to cancel only the buy order at this time.
All orders pending cancellation are subject to previous execution of the original order. Attempts to cancel orders are performed on a best efforts basis. There is no guarantee that an open order can be cancelled, in whole or in part.
Fidelity cannot be responsible for any executed orders that you fail to cancel. A transaction resulting from a failure to cancel an order will be applied to your account, and you will be responsible.
When you attempt to cancel and replace, or change, an order, you attempt to cancel the order and replace it with another order. The replacement order can be a market, limit, stop loss, or stop limit order. If the replacement order is a stop limit order, you must specify both the Stop Price and the Limit Price on the new order, which can be the same or different amounts.
For orders placed during the Extended-Hours session, you can only change the Quantity and Amount fields while the only time-in-force permitted for these orders is Day.
Attempts to cancel and replace orders are performed on a best efforts basis. There is no guarantee that an open order can be canceled and replaced, in whole or in part.
Note: Market, limit, stop loss and stop limit orders cannot be replaced with a Trailing Stop order. Also, Trailing Stop orders can only be a replaced with another Trailing Stop order and cannot be replaced with a market, limit, stop loss or stop limit order.
Yes. Fidelity reserves the right (but is not obligated) to cancel open orders when the limit price becomes unrealistic in relation to the market price. A cancellation notice will be mailed to you promptly in this event, and you may place a new order if you wish.
No. Orders are not canceled automatically by an identical order or an order at a different price for the same security. You must cancel a previous order if you place a substitute order.
You must call a Fidelity representative to place the following orders:
To attempt to cancel or cancel and replace an annuity order, call an annuity representative before market close (usually 4 p.m. ET, Monday through Friday), at 800-634-9361.
If you specified tax lot shares as part of an order, click Specified Lot Details under the order's details. Specific shares information is also printed on the confirmation that Fidelity mails to you, and is included on the online confirmation you receive after an order executes.
To change an order and specify tax lot shares, cancel the original order and enter a new order specifying the tax lot shares again. You must wait until the original order has been cancelled (has a status of Cancelled) before placing a replacement order. Otherwise, both the original and the replacement orders could be filled.
No. If you attempt to change the quantity for an order with specified tax lot shares by canceling and replacing, the replacement order will have no tax lot shares specified. The shares will be sold using the First In/First Out (FIFO) accounting method.
Yes. You can specify different lots to be depleted on a closing trade the day after it executes by utilizing the Reassign Lots feature. You may select from the lots available at the time the trade executed if they have not been reassigned in another trade. Lot reassignments must be made by 9:00 PM ET on settlement date.
Reassigning lots on a trade does not impact the price at which the trade executed, but it may impact performance and tax reporting on your trading activity.
When using the proceeds of a mutual fund sale to purchase another mutual fund in a different family, the sell side of the order is executed at the next available price. For most mutual fund orders placed before 4 p.m. ET, this price is typically the current day's closing price. The buy side of the order gets placed after the sell side executes. Since the settlement date for the sale is one business day after the trade was entered, you receive the next business day's price for the purchase.
Accounts are not automatically enrolled in average price trade reporting. You can add this feature to your account by calling your Fidelity representative at 800-544-6666.
To ensure that you are receiving the best execution prices on your orders, Fidelity may need to execute your order in multiple executions. Learn more about Fidelity's Commitment to Execution Quality.
Multiple executions of your order result in more records to keep track of. Average price trade reporting is designed to simplify record keeping and reduce the amount of correspondence you receive.
Average price trade reporting may be particularly helpful if you place orders that receive multiple executions, but don't necessarily care to see every individual execution on all of your records. If you prefer to see each execution of each order on all of your records, the average price trade reporting feature may not be for you. By default, accounts are not automatically enrolled in average price trade reporting.
Buy and sell orders for domestic stocks and options are eligible for average price trade reporting. Fixed income orders are not eligible.
Closing transactions in which specific tax lots are selected are not eligible for average pricing. If you submit a specific share closing trade, opening trades for that same position on that day may not be eligible for average pricing.
The average pricing of trades takes place via a nightly update. During the day the order is executed, you are able to see all of the executions of your trade on your Orders page, History page and your lots on the Positions Page. Overnight, orders with multiple executions at different prices are average priced so that the following morning you see a single trade record for each executed order.
If a good til canceled order receives multiple executions on multiple days, each day's executions are averaged separately. Executions from one trade date will not be averaged with executions from another trade date.
On the day the order is executed, you are able to see all of the individual trade executions on the Orders, Positions, History, and Tax Info pages. The day after your order is executed, you will see one average priced record for each order on the Positions, History, and Tax Info pages.
If you are enrolled in average price trade reporting, your trade confirmations, statements and 1099-B tax forms will show the average priced record for each order for cost basis and proceeds. Orders placed before you enroll in average price trade reporting will continue to be displayed online and reported on tax forms based on the unique executions of each order.
The average price process rounds the average price trade record to the nearest hundredth of a penny per share. If the thousandths of a penny is 5 or greater, it is rounded up to the nearest hundredth of a penny. If the thousandths of a penny is less than 5, it is rounded down to the nearest hundredth of a penny. This process results in thousandths of a penny differences in the cost or proceeds per share of your order. Rounding up results in higher proceeds for sells and higher cost for buys. Rounding down results in lower proceeds for sells and lower cost for buys.
If you do not enroll in average price trade reporting, you will continue to see the individual trade executions of your orders on the day of execution. Overnight, Fidelity will continue to combine executions of each order which occurred at the same price. On the following morning, you will continue to see a record for each execution price for each individual order. Separate orders for the same security are not combined by price.