Open (good-til-cancelled) order
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Campbell R. Harvey's Hypertextual Finance Dictionary
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Open (good-til-cancelled) order
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.
Copyright © 2000,
Campbell R. Harvey
. All Rights Reserved.
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