How can I specify the validity date?
You can specify the order validity date by selecting from the calendar available placed on the order placement page near the VTD order validity field.
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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 ...
What is Valid Till Date (VTD)?
Valid Till Date VTD is a new facility offered through IIFL using which you can place buy and sell Limit orders in scrips of your choice specifying the period for which you want the order instruction to be valid. The period selected by you should be ...
What does Day Validity Type mean?
A Day validity, as the name suggests, is an order which is valid for the day on which it is entered. If the order is not matched during the day, the order gets cancelled automatically at the end of the trading day.
Can I place Market Cash orders with VTD order validity?
Yes. Cash orders with VTD order validity are allowed with Market Price.