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How Does a GTT Order Work?
When placing a GTT order, you are required to enter:
Trigger Price - The price at which your order will get activated
Limit Price - The price at which your order will be placed on the exchange once triggered
Quantity - Number of shares
Buy/Sell - Transaction type
Delivery/Intraday/MTF - Product type
Once the market price reaches your Trigger Price, a Limit Order is automatically placed on the exchange at your specified Limit Price.
The order will then be executed based on market conditions.
Trigger Price - The price at which your order will get activated
Limit Price - The price at which your order will be placed on the exchange once triggered
Quantity - Number of shares
Buy/Sell - Transaction type
Delivery/Intraday/MTF - Product type
Once the market price reaches your Trigger Price, a Limit Order is automatically placed on the exchange at your specified Limit Price.
The order will then be executed based on market conditions.
Last updated: 4 Months Ago
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Good Till Triggered (GTT)
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