What is the validity of a GTD order?
GTD refers to ‘Good Till Day’. In the event that these orders do not get executed immediately, they remain pending until the end of the trading day. After which, the exchange cancels all the pending orders.
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What happens when there are no buyers or sellers for the order I placed?
If your order isn’t being filled, it’s likely because there are no matching buyers (for your sell order) or sellers (for your buy order) at your specified price or in that security at the time. What actually happens? Your order remains open: It sits ...
What is a limit order?
A limit order is a type of order to either buy or to sell a security at a specified price. The order will either get executed at the limit price mentioned by you at the time of order placement or would not get executed at all. If the price does not ...
What is a stop-loss order?
It is an order to exit an open position when it reaches a specified price. These orders are designed to limit the investor’s loss.
What is a Bracket Order (BO)?
It is an order which enables the investor to place two orders simultaneously. 1) The price at which he/she would sell the investment to book profits, 2) The price at which he/she would sell the investment to reduce losses. For example, suppose MR.X ...
What is the effect of Bracket Order (BO)?
The investor can specify his/her profit expectation as well as the maximum risk that he/she would be willing to incur in a single order.