Last Updated: Mar 19, 2024 Value Broking 2 Mins 2.8K

What is the GTD order? 

However, investors can set Buy and Sell orders with a certain date or period in mind using a GTD or Good Till Date/Day/Time Order. These orders have a one-year maximum validity period and are active until they are manually canceled or executed.

How to Place a GTD/GTC Order in the Choice India App:

Step 1: Start by searching for the specific script you wish to trade.

choice india search bar

Step 2: On the ‘Script Overview’ page, tap on ‘Buy.’

Step 3: Enter the desired ‘Price’ and ‘Quantity,’ and the total amount will be automatically calculated.

choice india price and quantity

Step 4: To place a GTD order, tap on the ‘GTD’ option. Here, you can specify the ‘Date’ by which you want your order to be executed.

choice india date

Step 5: Click ‘Buy’ to proceed.

choice india buy option

Step 6: Review your order details, and if everything looks correct, confirm the buy order by tapping ‘Yes.’

choice india confirm order

Step 7: To check the status of your order, navigate to ‘Orders’ and visit the ‘Pending’ section. You can also re-check your order details by tapping on ‘Details.’

Step 8: If you need to modify your order, use the ‘Modify’ option. To cancel it, simply select ‘Cancel.’

For a Good Till Canceled Order, follow the same steps as above, but select the ‘GTC’ option instead of ‘GTD.’ In this case, you won’t need to input a specific date.

How Does GTD/GTC Work on the Choice India Web Platform:

Step 1: Begin by searching for the desired script.

Step 2: On the ‘Script Overview’ page, choose ‘Buy.’

Step 3: On the ‘Order Page,’ select ‘Advanced Options,’ and then opt for ‘GTD’ or ‘GTC,’ depending on your preference.

Step 4: Enter the ‘Price’ and ‘Quantity’ and specify the ‘Date’ you want your order to be executed.

Step 5: Click ‘Buy’ and confirm your order on the pop-up confirmation screen after reviewing the details.

For a GTC Limit order, the process remains the same; you only need to select ‘GTC’ instead of ‘GTD.’