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What are the expiration options for GTC orders on TD Ameritrade in the context of cryptocurrency trading?

avatarDev PathakNov 28, 2021 · 3 years ago3 answers

Can you explain the expiration options for Good 'Til Canceled (GTC) orders on TD Ameritrade when it comes to trading cryptocurrencies?

What are the expiration options for GTC orders on TD Ameritrade in the context of cryptocurrency trading?

3 answers

  • avatarNov 28, 2021 · 3 years ago
    Sure! When it comes to GTC orders on TD Ameritrade for cryptocurrency trading, there are a few expiration options available. The most common options include 'Day', 'GTC', and 'GTD'. 'Day' means the order will expire at the end of the trading day if it's not filled. 'GTC' stands for Good 'Til Canceled, which means the order will remain active until it's filled or manually canceled by the trader. 'GTD' stands for Good 'Til Date, where the trader can specify a specific date until which the order will remain active. It's important to note that the expiration options may vary depending on the specific cryptocurrency and the exchange's policies.
  • avatarNov 28, 2021 · 3 years ago
    Expiration options for GTC orders on TD Ameritrade in the context of cryptocurrency trading include 'Day', 'GTC', and 'GTD'. 'Day' means the order will expire at the end of the trading day if it's not filled. 'GTC' means the order will remain active until it's filled or manually canceled by the trader. 'GTD' allows the trader to specify a specific date until which the order will remain active. These options provide flexibility for traders to manage their orders based on their trading strategies and preferences.
  • avatarNov 28, 2021 · 3 years ago
    In the context of cryptocurrency trading on TD Ameritrade, the expiration options for GTC orders are similar to those for traditional securities. Traders can choose between 'Day', 'GTC', and 'GTD' options. 'Day' means the order will expire at the end of the trading day if it's not filled. 'GTC' means the order will remain active until it's filled or manually canceled by the trader. 'GTD' allows the trader to specify a specific date until which the order will remain active. These options give traders the flexibility to manage their cryptocurrency trades effectively.