What are the types of GTT?

What are the types of GTT?

There are two types of GTT orders - 
Single – Only 1 Entry Price is required with the order Price and Quantity. 
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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      There are three types of settlements: >Rolling/Normal Settlement >Trade-to-Trade Settlement >Auction

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      The different types of corporate actions announced by a company are: Rights issue Dividend Stock Split Conversion of debentures into shares Amalgamation Merger Demerger Capital reduction / Consolidation of shares Buy Back Bonus Open Offer

    • 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.