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Good Till Cancelled Order (GTC)

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Description

An order to buy or sell a security that remains active until it is executed or cancelled.

A Good Till Cancelled (GTC) order is a directive to buy or sell a security that remains in effect until it is either executed or explicitly cancelled by the trader. This type of order is useful for investors who are not in a hurry to trade but want to act on specific price levels, providing flexibility without daily order management.

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