What are the types of GTT?

What are the types of GTT?

There are two types of GTT orders - 
  1. Single – Only 1 Entry Price is required with the order Price and Quantity. 
  2. OCO (One Cancels Other) – 2 Entry Prices are required with the order Price and Quantity (Can be considered as 2 legs). When any one of the Entry Price is triggered, the remaining Entry Price trigger is automatically cancelled. This type of GTT can be used as Stop Loss and Profit legs.

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    • 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

    • Is GTT order option available on OmneNEST platform?

      No, the GTT (Good Till Triggered) order option is not available on the OmneNEST platform. Only GTC (Good Till Cancelled) and GTD (Good Till Date) order types are supported. The GTT order option is available only on the Mobile App and Web Platform.

    • 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.

    • What are the types of Settlements?

      There are three types of settlements: >Rolling/Normal Settlement >Trade-to-Trade Settlement >Auction

    • 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 ...