Do I need to log in on every trade to place the unexecuted Cash order having a future VTD validity date?
Once you have placed your VTD order, IIFL will place orders for the unexecuted quantity of your VTD order for all the days during the validity period or till the quantity is fully executed or cancelled or rejected due to any reason. You need to login to your account only to see the status of such orders.
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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.
How does VTD order feature work?
When you place a VTD order, you give an order instruction to IIFL stating that if the order is not executed for the entire quantity, IIFL is authorised to place fresh orders for the unexecuted quantity in your account on the subsequent trading days ...
Can I place Cash orders with VTD order validity during the pre-open session?
You can place Cash orders with VTD order validity in all scrips during the pre-open session but only orders in scrips that are pre-open enabled will be sent to exchange during the pre-open session. Orders in all other scrips not enabled for pre-open ...
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.
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 ...