How to place GTT order ?

How to place GTT order ?

To place the GTT order Follow these steps :

Step 1: Select the Stock
Go to the watchlist and select the stock for which you want to place a GTT order.

       

Step 2: Click on "Create GTT"
After selecting the stock, click on "CREATE GTT" to initiate the GTT order placement.





Step 3: Choose "Sell" or "Buy"
You can choose whether you want to place a buy or sell GTT order. In this example, we are placing a Sell GTT order.
Quantity: Enter the number of shares.
Trigger Price: Set the price at which you want the order to be activated.

Once all details are entered, click on "Review GTT Order".



Step 4: Confirm Order Placement

Review your order details and confirm the placement. The system will notify you once the order is successfully placed.


Question 1.
Can I modify or cancel a GTT order?

Answer:
 Yes, you can modify or cancel a GTT order from the Order Book before it gets triggered.

Question 2.
What happens if the stock never reaches my trigger price?

Answer:
If the stock does not reach your set trigger price, the order remains pending until it is triggered or expires.

Question 3.
How long is a GTT order valid?

Answer:
A GTT order is typically valid for 365 days or until it is triggered or canceled manually.


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