Good 'til cancelled

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In investment, a '''good ’til cancelled''' ('''GTC''') order is an order to buy or sell a security at a specified price which remains in effect until executed or cancelled by the investor.<ref>{{cite web |url=https://www.sec.gov/fast-answers/answersgtcordhtm.html |title=Investor information - Good-Til-Cancelled Order |publisher=U.S. Securities and Exchange Commission |accessdate=April 26, 2017}}</ref>

In other words, a GTC order will continue indefinitely until the specified parameters are met, whilst a normal day order would cancel automatically after the market closes, requiring the investor to make a new order the next day if desired.

==References== {{reflist}}

Category:Investment

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