Good ’til Date
Good ’til date (GTD) is a financial term used to describe a type of order that remains in effect until a specified date. It is a type of order that is placed with a broker or financial institution and remains in effect until the specified date or until it is canceled by the customer. GTD orders are typically used by investors who want to ensure that their orders are executed at a certain price or within a certain time frame. GTD orders are also used by traders who want to take advantage of market volatility.
History of Good ’til Date
The concept of Good ’til Date orders has been around since the early days of the stock market. In the early days of the stock market, traders would place orders with brokers that would remain in effect until the specified date. This allowed traders to take advantage of market volatility and to ensure that their orders were executed at the desired price. As the stock market evolved, so did the concept of Good ’til Date orders.
Today, Good ’til Date orders are used by both investors and traders to take advantage of market volatility and to ensure that their orders are executed at the desired price. GTD orders are also used by traders who want to take advantage of market volatility and to ensure that their orders are executed at the desired price.
Table of Comparisons
| Order Type | Description |
|---|---|
| Good ’til Date | Remains in effect until a specified date or until it is canceled by the customer. |
| Market Order | Executes immediately at the best available price. |
| Limit Order | Executes at a specified price or better. |
| Stop Order | Executes when a security reaches a specified price. |
Summary
Good ’til Date orders are a type of order that remains in effect until a specified date or until it is canceled by the customer. GTD orders are typically used by investors who want to ensure that their orders are executed at a certain price or within a certain time frame. GTD orders are also used by traders who want to take advantage of market volatility. For more information about Good ’til Date orders, you can visit websites such as Investopedia, The Balance, and Investing.com.
See Also
- Market Order
- Limit Order
- Stop Order
- Day Order
- Fill or Kill Order
- Immediate or Cancel Order
- All or None Order
- On Open Order
- On Close Order
- Trailing Stop Order
