Why is the price mentioned in the GTT email different from the GTT trigger price?

This happens because the price of the instrument may have skipped the trigger price due to high market volatility.

Example scenario

1. If the closing price of a share is ₹100 on Monday and opens gap down at ₹90 on Tuesday.
2. A sell GTT trigger at ₹95 with a limit price of ₹93 is placed on Monday.
3. The order is triggered and placed at the limit price of ₹93.
4. Since the share has opened gap down ₹90, the actual trigger is the same price and is displayed in the email.

Did you know? During volatility, the price may be higher or lower than the trigger price. The price captured on GTT is displayed in the email and on the GTT info window.