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Glossary

Good-till-date (GTD) order

Educational guideSeptember 2026

Glossary entry

A good-till-date order stays eligible for execution until a specified expiry date or time, unless filled or canceled sooner. The expiry instruction controls duration, while a separate order type controls price or triggering conditions. Trading hours, holidays, and venue policies determine exactly when the order can operate and when it expires.

Illustrative example

An investor enters a limit order that expires on Friday. It may execute before then if its conditions are met during an eligible trading session.

What to consider

Check the time zone and expiry convention. An order's stated end date does not guarantee continuous activity across every session.

General information, not a personal recommendation. Product availability, rights, and obligations are determined by the relevant provider, jurisdiction, and approved agreements.

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