What happens if VTD order date falls on a non trading day?

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• 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 ...

• 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.

• 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.

• What will happen in case there is a corporate action happening in the scrip in which I have placed VTD order and order is still valid?

  If a corporate action is announced in any scrip then such scrip will be disabled by IIFL for VTD overnight order placement on your behalf from Ex Date minus 1 day till Record date. If your VTD order in such scrip is still valid then your orders in ...