How client can place GTT orders?
GTT orders can be placed either on a stand-alone basis or along with a base order.
Steps to place a stand-alone GTT order:
Client need to select the stock for which he/she want to place the GTT order.Visit the company page and click on more options beside the sell button.Client will see a Create GTT screen. He need to input the required details.Create GTT order.
Steps to place a GTT order along with a base order:
Client need to select the stock for which he want to buy or sell.Visit the company page and click buy or sell.Input the required details for the base order. Choose how do he/she want to use GTT, either stop loss leg only or both stop loss and profit legs. (These options are shown only for Delivery and BNPL products)Place the order.
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Can client modify and delete the GTT orders?
Client can modify and delete active GTT orders. If client placed a GTT along with a base order, the base order needs to be completely executed at the exchange. Only in this case the GTTs will be made active.
What types of orders can I place in OmneNest?
You can place the following types of orders by navigating to Main Menu > Orders & Trades: Normal Order Basket Order AMO (After Market Order) Bracket Order (BO) Cover Order (CO) GTT (Good Till Triggered) Spread Order
What is GTT?
Good - Till Triggered (GTT) orders are basically a price alert based order placement or trigger based orders. When a pre-set trigger (Entry Price) is breached, only then the order is placed with exchange to execute the order.
How many GTT orders can I place at once?
A maximum of 50 Active GTTs are allowed per user.
Can client cancel all pending orders at once?
Login to the IIFL Markets App Click on the orders section on orders section Go to Pending section Client can see cancel orders option besides search bar.