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GTD

GTD

8.9
A trade order that stays active until a chosen date unless it is filled or cancelled
  • noun
  • Specialized
: orden con fecha de vencimiento
  • He set a GTD so the order would automatically cancel if not filled by Friday.

Examples

  • The investor placed a GTD to ensure her order would remain open until the end of the month.

  • If you want your trade to expire on a specific date, use a GTD instruction.

  • I placed a GTD for my stock order.

  • The broker advised me to use a GTD for my trades.

  • The investor placed a GTD to ensure her order would remain open until the end of the month.

  • If you want your trade to expire on a specific date, use a GTD instruction.

  • He set a GTD so the order would automatically cancel if not filled by Friday.

Surface Forms

GTD singular
GTDS plural

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.