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 ...
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 authorized to place fresh orders for the unexecuted quantity in your account on the subsequent trading days ...
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.