Good 'Til Cancelled

In investment, a Good ’Til Cancelled (GTC) order is an order to buy or sell a security which remains in effect until executed or canceled.

In other words, a GTC order will continue indefinitely until the specified parameters are met, whilst a normal day order would cancel automatically after the market closes, requiring the investor to make a new order the next day if desired.

External links

* [http://www.sec.gov/answers/gtcord.htm Good-Til-Cancelled Order] (SEC)


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  • good 'til cancelled order — ( GTC) An order to buy or sell stock that is good until you execute or cancel it. Brokerages usually set a limit of 30 60 days, at which the G.T.C. order expires if not restated. (Different from a day order) …   Financial and business terms

  • Open (good-til-cancelled) order — An individual investor can place an order to buy or sell a security. That open order stays active until it is completed or the investor cancels it. The New York Times Financial Glossary …   Financial and business terms

  • good till cancelled — /ˌgυd tɪl kænsəld/ noun an order given to a broker to buy or sell as instructed until the order is cancelled. Abbreviation GTC …   Dictionary of banking and finance

  • good-till-cancelled order — UK US UK (US good til canceled order) noun [C] (ABBREVIATION GTC order) STOCK MARKET ► an investor’s instruction to a broker to buy or sell shares, etc. at a particular price at any time, unless the instruction is later stopped …   Financial and business terms

  • Don't Stop 'til You Get Enough — Don t Stop Til You Get Enough …   Wikipedia

  • GTC order — ( good til cancelled order) An order to buy or sell stock that is good until you execute or cancel it. Brokerages usually set a limit of 30 60 days, at which the G.T.C. order expires if not restated. (Different from a day order) * * * GTC order… …   Financial and business terms

  • GTC — See good till cancelled ( or good till cancelled) ( good til cancelled order) An order to buy or sell stock that is good until you execute or cancel it. Brokerages usually set a limit of 30 60 days, at which the G.T.C. order …   Financial and business terms

  • CME Globex Order Qualifiers — An order eligible to be entered into the CME Globex system that does not contain a duration qualifier will be cancelled if not filled during the Trading Day in which it was received or, if it was received between Trading Days, during the next… …   Financial and business terms

  • GLOBEX Order Qualifiers — An order eligible to be entered into the GLOBEX System that does not contain a duration qualifier will be cancelled if not filled during the Trading Day in which it was received or, if it was received between Trading Days, during the next Trading …   Financial and business terms

  • Order (exchange) — An order in a market such as a stock market, bond market, commodity market or financial derivative market is an instruction from customers to brokers to buy or sell on the exchange. These instructions can be simple or complicated. There are some… …   Wikipedia


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