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Glossary

Order duration

Definition

The length of time for which an order is valid before cancellation. Orders might be day orders (DO), which are good until the end of the day; good till cancelled (GTC) orders, which are good until the trader cancels the order; or good till date (GTD) orders, which are good until a specified date.

Related Items

Day order (DO) Order Good till cancelled (GTC) Good till date (GTD)
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