GTD and IOC Order Validity in the Stock Market: Explanation and Advantages.

GTD, which stands for Good Till Date, and IOC, meaning Immediate or Cancel, are types of order validity used in stock trading. GTD orders stay active until a certain date or until they are filled, allowing traders to effectively handle their pending orders. In contrast, IOC orders must be executed right away or they are canceled, facilitating swift transactions. Grasping the meaning of IOC validity is essential for intraday traders who need fast execution. Recognizing the distinctions between GTD and IOC can enhance trading strategies and optimize investment returns. Choosing the appropriate validity type can lead to better order execution and improve risk management in the stock market.

You can find Day and IOC order types under Advanced options on your order pad on Arihant Plus and for placing a GTD order, click on the GTD tab on top.