Good-Till-Canceled (GTC) is an order type used in trading that remains active until it is executed or canceled by the trader. This entry explores its definition, types, examples, and applicability in various trading scenarios.
An Open Order is a buy or sell order for securities that has not yet been executed or canceled. It may be classified as a Good-till-Canceled order, among other types.
Our mission is to empower you with the tools and knowledge you need to make informed decisions, understand intricate financial concepts, and stay ahead in an ever-evolving market.