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In investment, a good ’til cancelled (GTC) order is an order to buy or sell a security at a specified price which remains in effect until executed or cancelled by the investor. [ 1 ]
Good-til-cancelled (GTC) orders require a specific cancelling order, which can persist indefinitely (although brokers may set some limits, for example, 90 days). Immediate or cancel (IOC) orders are immediately executed or cancelled by the exchange.
Here’s what you need to know about rights and protections when it comes to being charged for a canceled order or an order you never made. If you never placed an order
Good 'til cancelled, an investment order; Gran Turismo Concept, a video game; Sasol GTC Championship, a South African motorsport championship; Grand Traverse County, in Michigan, United States; Grand Trunk Corporation, a Canadian National Railway subsidiary; Ground Training Competition, of the Royal Air Force
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Morrisons has cut the price of items including turkeys and champagne for all shoppers and apologised after a system glitch hit its loyalty scheme and left some facing delayed Christmas orders.
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