GoodTilCancelled
Good-Til-Cancelled (GTC) is a type of order instruction used in securities trading that remains active until it is executed or canceled by the trader. It contrasts with a day order, which expires at the end of the trading session if not filled.
A GTC order can be used for buying or selling and is commonly paired with a limit
GTC orders persist across trading sessions until filled or canceled. Many brokers impose a maximum duration,
In practice, some brokers distinguish GTC from Good-Til-Date (GTD), which fixes an expiration date. Rules vary