Good Till Cancelled FAQs

How does the GTC Order feature work?

GTC requests are made based on client instructions to place buy/sell orders in the given scrips until the specified time period for GTC orders. However, execution of all quantities has not occurred.

Order Example

The current market price is 250

ABC Scrip Name = Scrip Name

Quantity = 100

You can buy this scrip for 200 Rs. In the next 200 days you can place a GTC Order with buying price = 200, quantity = 100, and choose your Close date (i.e. You have 200 days to close the order.

Order Example The current market price is = 250

ABC Scrip Name = Scrip Name

Quantity = 100

You can sell this scrip for 300 Rs. In the next 200 days you can place a GTC Order with selling price = 300 and quantity = 100, and choose your Close date (i.e. You have 200 days to close the order.


Are there additional charges for GTC?


How long would settlement take for GTC orders if they were traded?


Can GTC orders be cancelled?


When does a GTC order go into effect in the market?


What happens if the market opens with a gap


Can I change my GTC order during market hours?


What happens if my account has a margin shortfall? Can I top up my margin throughout the day?


Is the GTC order processed if there is not enough margin in my account?


What time will the GTC order be sent to the exchange?