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Good 'Til Cancelled Order |
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Good 'til cancelled order (GTC) An order to buy or sell stock that is good until the client executes or cancels it. Brokerages usually set a limit of 30-60 days, at which the G.T.C. order expires if not restated. (Different from a day order.) Good 'Til Cancelled Order An order to a broker to buy or sell a security at a certain price whenever that price becomes available. Theoretically, such an order is standing indefinitely until either the security is bought or sold at the specified price or the investor cancels the order. In practice, GTCs generally expire 30-60 days after they are made if they have not been filled, unless the investor reiterates them. A GTC is also known as an open order. Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content. |
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As their names suggest, GTC orders remain in effect until they are canceled, and day orders are only good until the end of the market day. Tim Murray has put in a GTC order in to sell Sonic Innovations (NASDAQ:SNCI). The trader must specify that they wish a GTC order to be cancelled before it expires. |
GTC order |
GTAZ GTB GTBA GTBB GTBC GTBD GTBI GTBI-IAB GTBIT GTBJ GTBK GTBL GTBMAC GTBMC GTBOA GTBOS GTBP GTBPS GTBQS GTBRC GTBS GTBT GTBWI GTC GTC GTC GTC order GTC OrdersGTC3 GTC3S GTCA GTCB GTCBMS GTCC GTCCA GTCCC GTCCG GTCCS GTCD GTCDC Gtce GTCEL GTCF GTCFA GTCGC GTCGRC GTCHS GTCI GTCIE GTCIT GTCJ | ||||||||
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