What is GTT order?

GTT (Good Till Triggered) is a feature that allows you to set a trigger price. When your trigger price is hit on a future date, a limit order will automatically be placed on the exchange based on the limit price and preset conditions you have set. GTT is available on Shoonya across all segments. However, if you want to place a sell GTT order, your account must be linked with a POA (Power of Attorney). The validity of a GTT order is up to one year.

Is it useful?

Yes, GTT orders make your trading or investing experience much more convenient.

Here’s how:

• You don’t have to log in every day to place a limit order during the trading session.
• You gain more flexibility by placing an order with a longer time horizon in mind.
• Your monitoring efforts are reduced.

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