Meaning OPEN (GOOD-TILL-CANCELLED) ORDER (GTC ORDER): Order to buy or sell a security that stays active until it is completed or the investor cancels it
More terms such as Open (good-till-cancelled) order (GTC order) in Dictionary O.
- Definition Open-End Credit:
- Examples Revolving line of credit that is extended with every purchase or cash advance open (good-till-cancelled) order (gtc order) definition.
- Definition Opening Sale:
- Examples Creation of or increase in a short position in a given series of options open (good-till-cancelled) order (gtc order) explain.
- Definition Oversold:
- Examples Used in the context of general equities. Technically too low in price, and hence a technical correction is expected. Antithesis of overbought open (good-till-cancelled) order (gtc order) what is.
- Definition Overage:
- Examples Apples mainly to convertible securities. Difference between how much common stock one party must sell and the other wishes to buy for the same amount of convertible in a swap open (good-till-cancelled) order (gtc order) meaning.
- Definition Open On The Print:
- Examples of general equities. Block trader's term for a block trade that has been completed with an institutional client and printed on the consolidated tape, but leaves the block trader with stock open (good-till-cancelled) order (gtc order) abbreviation.