Comment on Introducing GTT – Good Till Triggered orders
commented on
27 Jul 2019, 02:48 PM
Below feature may be made optionally available to those who checkbox for this conditional exclusion in GTT set-up. It may not be made compulsory as integrated in every GTT created.
GTT is a great introduction by Product Team, but they need not go so over-board in taking over individual’s pre-set GTT, shifting goal post set by others, jumping gun.
///// “Whenever there is a corporate action, like bonus, dividend (if greater than 5% of market value), stock split, etc., the GTTs for the corresponding stocks will be cancelled before the ex-date. You will have to re-place the GTT manually after the corporate action. These GTTs are cancelled to ensure that the order is not triggered by the movement of stock price due to the corporate action”