Why this happens
Some Roxom contracts are linked to assets that follow traditional market hours (like US equities or commodities). When those markets close, the Mark Price stops updating until they reopen.See each contract’s trading hours in the Our Contracts Offering & Specs section of our Rulebook.
How different orders behave
Limit Orders
- Stay active in the order book
- Can still be filled if another trader’s market order matches your price
- If liquidity is low, they may remain pending until the market reopens
Market Orders
- Execute immediately at the best available price in the order book — even if the underlying is closed
- Price movement may be limited, but spreads can widen
Conditional Orders (Stop Loss / Take Profit)
- Trigger only if the chosen trigger price (Mark Price, Last Price, or Index Price) hits your set level
- If you use Mark Price or Index Price and it’s frozen, the order won’t trigger until it updates again when the market reopens
- Using Last Price as a trigger means it could still activate if there’s trading activity on Roxom
Learn how triggers work for conditional orders in the Order Types & Execution Rules section of our Rulebook.
Gaps on reopening
When the market reopens:- Prices can jump (“gap”) to a new level
- Conditional orders may trigger immediately at the first available price — which could be far from your set trigger
- This can cause slippage, especially on market orders
Important: Price gaps can cause significant slippage on conditional orders, especially stop-loss orders set close to current prices.