GTD
- noun
- Specialized
- He set a GTD so the order would automatically cancel if not filled by Friday.
Examples
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The investor placed a GTD to ensure her order would remain open until the end of the month.
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If you want your trade to expire on a specific date, use a GTD instruction.
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I placed a GTD for my stock order.
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The broker advised me to use a GTD for my trades.
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The investor placed a GTD to ensure her order would remain open until the end of the month.
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If you want your trade to expire on a specific date, use a GTD instruction.
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He set a GTD so the order would automatically cancel if not filled by Friday.
Surface Forms
Morphology
GTD = G + T + D
An initialism for 'Good 'til Date' (order duration); the letters abbreviate a phrase and do not yield the meaning on their own.
Etymology
GTD stands for Good Till Date, which means an order stays active 'until' a specific date you choose. So a GTD order will remain open until that date and then cancel automatically if it is not filled.