How can I specify the validity date?

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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 ...

• How can I differentiate between VTD order validity and other cash orders?

  VTD orders have a validity date displayed under the Order Ref./Channel/Order Valid Date column in the order book.

• 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 ...