General
What if the trigger conditions are met for cover GTT request but the position is closed or there is existing cover/square off order pending?
If the trigger conditions for a Cover Good Till Triggered (GTT) request are met, but the associated position has already been closed or there is an existing cover/square-off order pending, here's what happens:
a. Automatic Cancellation: When the GTT's trigger conditions are met, the system attempts to execute the order. If the position is already closed or there's a pending square-off order, the GTT order will be automatically canceled.
b. Notification: You can view the cancellation details in the GTT book.