Home > Term: good till canceled (GTC)
good till canceled (GTC)
An order that remains in effect until it is either executed or canceled. If the order is not renewed within thirty calendar days, it will be systematically canceled at the end of the trading day indicated on the order. All orders with Saturday or Sunday expiration dates expire at the end of the previous trading day.
- Part of Speech: noun
- Industry/Domain: Financial services
- Category: Funds
- Company: Merrill Lynch
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- MJ63
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