What is a GTT? How does one place a GTT order

Modified on Thu, 21 Jul 2022 at 12:03 PM

GTT is an order you place in Gill Trade (buy a scrip at a particular price) and wait for it to execute based on the conditions you have entered.

GTT  Order is essentially a trigger order that is placed and maintained on Gill Broking and when the set price is reached your order is sent to the exchange for execution. 

For example, if a stock is currently priced at Rs. 500, then you can place a GTT order to buy the stock when the price reaches Rs. 400 . So when stock reaches Rs. 400, then the order is triggered and sent to the stock exchange for execution - either at Market Price or Limit price. 

Was this article helpful?

That’s Great!

Thank you for your feedback

Sorry! We couldn't be helpful

Thank you for your feedback

Let us know how can we improve this article!

Select atleast one of the reasons

Feedback sent

We appreciate your effort and will try to fix the article