OPEN (GOOD-TIL-CANCELLED) ORDER


Meaning of OPEN (GOOD-TIL-CANCELLED) ORDER in English

An individual investor can place an order to buy or sell a security . This open order stays active until it is completed or the investor cancels it. Used in the context of general equities. G.T.C. order.

Campbell R. Harvey. Hypertextual finance English glossary.      Английский словарь гипертекстовых финансов.