Can I place Cash orders with VTD order validity during the pre-open session?

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• Can I place Market Cash orders with VTD order validity?

  Yes. Cash orders with VTD order validity are allowed with Market Price.

• Can I place Buy and Sell orders with VTD order validity?

  Yes, VTD order validity is available for both your Buy as well as Sell orders in Cash product.

• Why should I buy/sell orders with VTD validity?

  VTD facility allows you to place buy/sell orders for the unexecuted quantity of your shares as per your Market or Limit price till your specified order validity date or till the entire quantity is executed, whichever is earlier. With this facility if ...

• Do I need to allocate funds for placing orders with VTD order facility?

  Yes. Your buy orders with VTD order validity are similar to your Cash Buy orders. Prior to placing the orders, you will have to allocate necessary funds in your account. You will have to ensure that necessary funds are available in your allocation ...

• What is meant by Order Validity date?

  Order Validity Date means the date chosen by you while placing Cash orders with VTD order validity. This date has to be equal to or less than the maximum validity date defined by IIFL.