Why should I buy/sell orders with VTD validity?

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• Can I place Buy and Sell orders with VTD order validity?

  Yes, VTD order validity is available for both your Buy as well as Sell orders in Cash product.

• Can I place Market Cash orders with VTD order validity?

  Yes. Cash orders with VTD order validity are allowed with Market Price.

• Do I need to allocate funds for placing orders with VTD order facility?

  Yes. Your buy orders with VTD order validity are similar to your Cash Buy orders. Prior to placing the orders, you will have to allocate necessary funds in your account. You will have to ensure that necessary funds are available in your allocation ...

• Can I place Cash orders with VTD order validity during the pre-open session?

  You can place Cash orders with VTD order validity in all scrips during the pre-open session but only orders in scrips that are pre-open enabled will be sent to exchange during the pre-open session. Orders in all other scrips not enabled for pre-open ...

• 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 ...