GTC order

GTC order
An order to buy or sell stock that is good until you execute or cancel 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)

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GTC order UK US noun [C] STOCK MARKET
GOOD-TILL-CANCELLED ORDER(Cf. ↑good-till-cancelled order)

Financial and business terms. 2012.

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Look at other dictionaries:

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  • GTC — abbrev. good till canceled: added to an order for stocks or securities * * * GTC abbr. good till canceled. * * * …   Universalium

  • gtc — abbrev. good till canceled: added to an order for stocks or securities …   English World dictionary

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  • Good 'Til Canceled - GTC — An order to buy or sell a security at a set price that is active until the investor decides to cancel it or the trade is executed. If an order does not have a good til canceled instruction then the order will expire at the end of the trading day… …   Investment dictionary

  • End Of Day Order — A buy or sell order that specifies a price for the security, and keeps the transaction open until the end of the trading day. If a transaction is not made as the desired price is not met by the close of trading, the end of day order will be… …   Investment dictionary

  • open order — (Good till Cancelled order , GTC order) order to buy or sell a security that stays active until it is completed or the investor cancels it. Bloomberg Financial Dictionary An order that remains good until filled, canceled, or eliminated. Chicago… …   Financial and business terms

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