Comment on Introducing GTT – Good Till Triggered orders
commented on
05 Aug 2019, 09:10 PM
Hello Nithin, It’s a much-awaited feature! Thank you!
However, I think MARGIN/FUND requirement is STILL a big and practical limitation for BUY orders. As it will force you to either (a) keep the required fund for wks/months or (b) keep checking your GTC and stock price which defeats the GTC order purpose.
Can I request you to allow execution of GTC orders worth X% (20-40%) of one’s holding?
This will generate a WIDER ADOPTION of GTC (BUY) orders.
For SELL orders, it’s undoubtedly a big relief as I don’t need to logon often and check daily price.