I've been hearing a lot about GTC in the context of the US stock market. I'm curious to know what GTC stands for and how it operates within the stock market. Could someone explain its meaning and function?
7 answers
BonsaiGrace
Tue Oct 29 2024
Once a GTC order is placed by an investor, it remains active indefinitely.
Tommaso
Tue Oct 29 2024
GTC, also known as Good Til Cancelled, represents a specific terminology prevalent in the stock market.
Paolo
Tue Oct 29 2024
The order stays in effect until the investor decides to cancel it manually.
ShintoMystic
Tue Oct 29 2024
Another scenario for the termination of a GTC order is its execution.
SolitudeSerenade
Tue Oct 29 2024
It pertains to an order instruction for purchasing or selling stocks.