Table of Contents
Does GTT work for options?
Yes, GTT orders are available for F&O contracts. If you place a GTT for a contract that isn’t allowed for trading by Zerodha, the order will get rejected when it is triggered. The onus to check for any pending GTTs for a scrip before placing another order is on you.
How do you use GTT in options trading?
Click on Create GTT. Select the trigger type as Single or OCO. For the Single trigger type, input the trigger price and limit price. For the OCO trigger type, input the stop-loss trigger price, stop-loss limit price, target trigger price, and target limit price.
Can we place GTT order in Upstox?
Unfortunately, Upstox doesn’t have a GTT or GTC order facility, whereas Upxtox competitor Zerodha offers GTT order facility.
How does Zerodha GTT work?
How does the GTT feature work? GTT is a feature which allows you to set a trigger price, such that; if your trigger price is hit in a future date, a limit order will be placed on the exchange as per the limit price and preset conditions set by you.
What happens when GTT is triggered?
When a GTT is triggered, and the order is placed on the exchange, it will be executed only if the limit price order placed is filled on the exchange. So, if an order fired by a GTT is not filled at the exchange for some reason, you will need to manually place the order again.
What is GTT validity in Upstox?
Short Answer. GTT (Good till Triggered) is a type of order that lets you Buy or Sell stocks at a Limit price. A GTT order is similar to a Limit order. The main difference is the validity of the order. A Limit order is typically valid for 1 day whereas a GTT order is valid for 1 year.
Is GTT available in Zerodha kite F&O?
However, for Nifty and Bank Nifty F&O, the GTT feature is currently available only on the Kite web and is soon planned to be launched on the mobile app. Add a public comment… What are the charges of GTT in Zerodha Kite?
What are the charges for using the Zerodha GTT feature?
There are no charges for using the Zerodha GTT feature. GTT is only available in the Equity Delivery segment, Nifty, and Bank Nifty Futures and Options. If you are placing a sell GTT on your securities held in your demat account then you need to authorize the delivery using CDSL TPIN.
Does Zerodha provide good till cancelled (GTC) orders?
Zerodha doesn’t provide Good Till Cancelled (GTC) Orders. Instead of GTC, it provides Good Till Triggered (GTT) Orders. GTT orders are available in Zerodha Kite Web only. In GTT order you specify 2 prices; a trigger price and the order price. The order is placed to the exchange when the trigger price is reached.
Can I place a sell GTT on nifty and Bank NIFTY?
The GTT feature to include Nifty and Bank Nifty futures and options is not yet made available for the mobile version. If you place a sell GTT on your securities held in your Demat account then you need to authorize the delivery using CDSL TPIN. The validity of authorization is only for 90 days. This is not required if you’ve submitted a POA.