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Good ‘Til Canceled (GTC)

Table of Contents

The concept of a “Good ‘Til Canceled” (GTC) order is widely used in financial markets. It’s an instruction given by an investor to a broker or brokerage platform to buy or sell a security at a specified price that remains in effect until the order is either executed or canceled by the investor. Let’s delve deeper into what GTC orders entail and how they function in the world of investing.

Understanding GTC Orders