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ICICI Direct offers various order type, GTC Full form is Good Till Cancelled orders are the order type where the order will remain open until it’s the trading member cancels it. However, the system cancels this order if it is not traded within a number of days parameter by the exchange. A Good Till Days/Date (GTD) order allows the user to specify the number of days/date till which the order should stay in the system if not executed.
Partial match of order is possible and the remaining order will be canceled immediately.
At ICICI Direct, orders accepted are valid for one Day or IOC - Immediate or Cancel. The client can use VTC orders to keep the order open for 45 days,
VTC is the best feature which is missing in Zerodha or Upstox who is a key player in Discount brokers with the in-house trading platform.
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Zerodha Trade@20
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