Terms and Conditions for GTT Orders at FYERS

What are the terms and conditions for placing a GTT order with FYERS?

Placing a Good-Till-Triggered (GTT) order with FYERS comes with specific terms and conditions to ensure smooth transactions and compliance with market regulations.
  1. A Good-Till-Triggered (GTT) order with FYERS is valid for 365 days. If it isn’t triggered within this period, the GTT order will be cancelled automatically.
  2. For Futures and Options (F&O) GTT orders, they are valid until the contract's expiry date.
  3. A GTT order trigger is valid only once. If an order fired by a GTT is not filled at the exchange for any reason, the GTT order will be cancelled.
  4. Sell GTT orders triggered on your equity holdings will not go through unless you authorise the delivery of your shares using the CDSL TPIN (Transaction PIN). This requirement does not apply if you have submitted a Power of Attorney (POA) or Demat Debit and Pledge Instruction (DDPI) to FYERS.
  5. GTT orders will generally be cancelled automatically under the following conditions:
    1. When there is a corporate action, such as a bonus issue, dividend, merger, de-merger, rights issue or stock split, the GTTs for the corresponding stocks will be cancelled before the ex-date. This precaution ensures that the order is not triggered by the stock price movements due to the corporate action.
    2. After a corporate action, you will need to manually re-place the GTT order if you wish to maintain it.

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