Good 'til date

A good ‘til date (GTD) order is an instruction to execute a trade that remains open until a future date specified by the trader. Once the date is reached, the order is cancelled if it has not been fulfilled or canceled already.

When should you use a good ‘til date order?

GTD orders are often used by long-term traders for orders containing a large amount of securities. They also prevent a trader from needed to reenter the trade at the start of each new day. You should use a GTD order when you would enter a good ‘til canceled (GTC) order but believe your trading priorities will change after a certain date, at which point you would rather execute other trades.

Search the Glossary

Look up the meaning of hundreds of trading terms in our comprehensive glossary.

A

B

C

D

E

F

G

H

I

J

K

L

M

N

O

P

Q

R

S

T

U

V

W

X

Y

Z

Popular definitions