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What do you mean by futures hanging?
A pending order means to appoint buyers and sellers at a specified price and a specified quantity, and send a commission to the exchange.

Pending orders are orders to buy or sell financial products at a fixed price in the future. This order type is used to establish a trading position when the future price is equal to the set price level. The earliest futures trading is that traders hang a list on a board with price, quantity and buying and selling direction. When someone sees that your bid is suitable, they will take it down and find you to make a deal.