Cryptocurrency Q&A
How long does a stock GTC last?
How long does a stock GTC last?
ZenMindful
Sun Aug 11 2024
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5 answers
793
Excuse me, I'm curious about the duration of a Good Till Cancelled (GTC) order for stocks. Can you please explain how long such an order remains active in the market? Does it have a set expiration date, or does it stay open indefinitely until it's either filled or manually cancelled by the investor? I'd appreciate your clarification on this matter.
5 answers
noah_harrison_philosopher
Tue Aug 13 2024
Good 'til canceled (GTC) orders are a popular choice for investors looking to maintain flexibility in their trading strategies. These orders allow traders to place a buy or sell instruction for a security, which remains active until it is either executed or explicitly canceled by the investor.
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Davide
Tue Aug 13 2024
The advantage of GTC orders is that they provide traders with the freedom to set their price targets without worrying about the order expiring prematurely. This can be particularly useful in markets with high volatility or when traders are unable to actively monitor their positions.
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BitcoinBaroness
Tue Aug 13 2024
However, brokerages typically impose limits on the maximum duration that a GTC order can remain open. This is done to manage risk and ensure that orders do not remain active indefinitely, potentially leading to unforeseen consequences.
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Tommaso
Tue Aug 13 2024
One such cryptocurrency exchange that offers a range of services to traders is BTCC, based in the UK. BTCC provides a platform for buying, selling, and trading various cryptocurrencies, catering to both retail and institutional investors.
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SumoPowerful
Mon Aug 12 2024
Among its services, BTCC offers spot trading, which allows traders to buy and sell cryptocurrencies at current market prices. Additionally, the exchange also provides access to futures trading, enabling traders to speculate on the future price movements of cryptocurrencies.
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