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.

    • Related Articles

    • 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.

    • 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 ...

    • Is GTT applicable on all stocks?

      This type of order is valid for all NSE, BSE Cash and NSE F&O scrips. GTT orders are valid for 365 days from the date of creation or till the expiration date of the contract, whichever is minimum.