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Open (good till cancelled) order (GTC order)
The financial definition for Open (good till cancelled) order (GTC order):
Order to buy or sell a security that stays active until
it is completed or the investor cancels it.
Similar MatchesGood til cancelled order (GTC)Good til cancelled order (GTC) An order to buy or sell stock that is good until you execute or cancel it. Brokerages usually set a limit of 30-60 days, at which the G.T.C. order expires if not restated. (Different from a day order.)
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