What is the meaning of Open order (good-till-cancelled, GTC order)?

Open order > good-till-cancelled, GTC order

Order to buy or sell a security that stays active until it is completed or the investor cancels it.

Barry Goldsmith
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|15 years ago|789 views|share |citing 
APABarry Goldsmith. (2010). Open order (good-till-cancelled, GTC order). Retrieved September 30, 2026, from http://smartdefine.org/open_order_(good-till-cancelled%2C_gtc_order)/definitions/1159691
ChicagoBarry Goldsmith. 2010. "Open order (good-till-cancelled, GTC order)" http://smartdefine.org/open_order_(good-till-cancelled%2C_gtc_order)/definitions/1159691 (accessed September 30, 2026).
HarvardBarry Goldsmith 2010, Open order (good-till-cancelled, GTC order), Smart Define, viewed 30 September, 2026, <http://smartdefine.org/open_order_(good-till-cancelled%2C_gtc_order)/definitions/1159691>.
MLABarry Goldsmith. "Open order (good-till-cancelled, GTC order)" 21 October 2010. Web. 30 September 2026. <http://smartdefine.org/open_order_(good-till-cancelled%2C_gtc_order)/definitions/1159691>