General

How does the GTT feature work?

The Good Till Triggered (GTT) feature allows you to set conditional buy or sell orders that remain active until the set trigger condition is met. It helps automate trades by placing orders only when the market reaches the predefined price levels.

How GTT Works:

a. Set Trigger and Limit Prices

You define a Trigger Price (the price at which the order gets activated).

You also set a Limit Price (the price at which the order is placed once triggered).

b. Order Execution:

The GTT request remains valid until the condition is met, manually cancelled, or the stock/F&O contract expires.

Once the stock reaches the trigger price, the system automatically places the order at the specified limit price.

c. Types of GTT Orders:

Single Trigger GTT: Triggers an order when the stock reaches the set price.

OCO (One Cancels Other) GTT: Allows setting both target and stop-loss conditions. When one is executed, the other is cancelled automatically.

d. Use in Futures & Options (F&O):

In F&O, GTT orders can be placed for both buying and selling contracts.

GTT requests can be managed from the GTT Order Book.