---
title: "Why does Arrow display order execution time beyond market hours?"
description: "Your order execution time shows when the exchange executes your trade, which always occurs within market hours. However, you may see the execution time…"
category: arrow
subcategory: alerts-and-nudges
slug: why-does-arrow-display-order-execution-time-beyond-market-hours
canonical: https://support.arrow.trade/arrow/alerts-and-nudges/why-does-arrow-display-order-execution-time-beyond-market-hours/
---

# Why does Arrow display order execution time beyond market hours?

> Your order execution time shows when the exchange executes your trade, which always occurs within market hours. However, you may see the execution time…

## Short answer

Your order execution time shows when the exchange executes your trade, which always occurs within market hours. However, you may see the execution time displayed beyond market hours due to connectivity issues between iRage and the exchange.

## How order execution time works normally

When you place an order at 1:30 PM and the exchange executes it immediately, iRage receives confirmation from the exchange at the same time. You will see the actual execution time displayed on your trading platform.

## Why execution time shows beyond market hours

When connectivity issues disconnect iRage from the exchange, Arrow displays your orders placed during this period as OPEN PENDING, CANCEL PENDING or MODIFY PENDING.

iRage performs an exchange reconciliation process once the connection is restored. During reconciliation:

iRage retrieves data from the exchange

iRage matches this data with pending orders from the disconnection period

Arrow displays the reconciliation time as the order execution time, not the actual execution or rejection time

## Example scenario

You place an order at 1:30 PM. iRage experiences a disconnection with the exchange and does not receive confirmation. Arrow displays your order as OPEN PENDING.

iRage performs reconciliation at 4:00 PM. Arrow shows the order execution time as 4:00 PM, even though you placed the order during market hours.

You can check the actual order execution time in your tradebook on Arrow on the same day. You can also download your tradebook from Console the following day.

iRage conducts reconciliation outside regular market hours because performing it during market hours may prevent some orders from going through.

## Related

- Browse more in [alerts and nudges](/arrow/alerts-and-nudges/)
- Open account: [kyc.arrow.trade](https://kyc.arrow.trade)
- Trade on Arrow: [app.arrow.trade](https://app.arrow.trade)
- Support: [support@arrow.trade](mailto:support@arrow.trade)

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Source: https://support.arrow.trade/arrow/alerts-and-nudges/why-does-arrow-display-order-execution-time-beyond-market-hours/
Publisher: Arrow / iRage Broking Services LLP