Good Till Cancelled definition
Examples of Good Till Cancelled in a sentence
By placing a Good 'Till Cancelled order, you agree to hold AQUAS harmless from any losses or damages resulting from submitting a Good ‘Till Cancelled order.
You acknowledge and agree that AQUAS is not liable for any losses or damages resulting from any delay in the execution or cancellation of a Good 'Till Cancelled order, or from any errors or omissions in the instructions provided by you for such orders.
All pending orders that trade 24 hours a day have the status of GTC (Good Till Cancelled) which means that these orders are considered to be active until executed or removed by a Customer.
A Good 'Till Cancelled order may remain open and pending in the market for an indefinite period of time until it is either filled or cancelled.
You may specify that an Order is to apply: until the next close of business day for the relevant Underlying Market (a "Day Order"), which, for the avoidance of doubt, will include any overnight trading sessions on the Underlying Market; for an indefinite period (a "Good Till Cancelled Order" or "GTC Order"), which, for the avoidance of doubt, will include any overnight trading sessions on the Underlying Market.