What does good until Cancelled mean in stocks?

What does good until Cancelled mean in stocks?

A Good-Til-Cancelled (GTC) order is an order to buy or sell a stock that lasts until the order is completed or canceled. Brokerage firms typically limit the length of time an investor can leave a GTC order open. This time frame may vary from broker to broker.

Does Zerodha charge for Cancelled order?

No, Zerodha doesn’t charge brokerage or any other fees for canceled orders. You get charged brokerage/fees/charges only for the orders that get executed and not for the orders that get rejected or canceled for any reason, whether auto-canceled or manually canceled.

What is good till triggered Zerodha?

Good Till Triggered (GTT) allows you to place an order to be sent to the exchange only when the price condition gets met. GTT is a feature introduced by Zerodha to offer a similar service like ‘Good Till Cancelled’ (GTC) order offered by most full-service brokers in India.

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What is good till date order?

A GTD order will remain in the system until it is either filled or until the date specified, at which time it is automatically cancelled by the system. This is another kind of open order. A Participating Organization can cancel a GTD order at any time.

How can I check my Cancelled order in Zerodha?

VIEW ORDERS / MODIFY ORDERS / CANCEL ORDERS (F3) It helps you monitor/cancel/modify your orders.

What happens if my order is not executed in Zerodha?

This is why even though the order is placed successfully and is an open order it may not get executed. This means that orders get executed on a ‘first come first serve’ basis (queue system). If there are people who have placed orders before you, your order will be executed only if the orders placed earlier gets filled.

How do I cancel a triggered order in Zerodha?

How do I delete a Good Till Triggered(GTT) order placed on Kite?

  1. Go to the Orders window on Kite.
  2. Click on the GTT tab.
  3. Place your cursor over the stock you want to delete and the options tab will pop up.
  4. Click on the options tab.
  5. Click on delete.
  6. Click on the delete button.
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How do I cancel a triggered order?

A triggered GTT order can be canceled from the Pending Orders before it gets executed. Once the trigger condition gets hit, the status of such GTT order under GTT tab gets updated to ‘Triggered’ and moves to the Pending order tab.

What is the difference between day order and good till Cancelled?

An order is canceled either when it is executed or at the end of a specific time period. A day order is canceled if it is not executed before the close of business on the same day it was placed. This type of order is called a GTC order (good ’til cancelled) and has no set expiration date.