Why are GTTs disabled, cancelled, expired, or rejected?
GTTs may be disabled, cancelled, expired, or rejected for the following reasons:
Disabled
- If the GTT is placed less than 0.25% from the LTP after validation.
- If the shares undergo corporate action like bonus and stock split. See What is a bonus issue? and What is a stock split?.
Cancelled or Rejected
- If the shares get delisted or suspended. See What does delisting of a stock mean? and What does suspension of trading in a stock mean?.
- If the shares undergo a category or series change. See What do the different groups on NSE and BSE mean?.
- If the shares undergo corporate action like rights issue, consolidation, spin-off, and reduction in capital. See What is a rights issue? and What is consolidation of shares?.
Expired
- If the derivative contract has expired and the contract is no longer valid.
- For equity, the GTT is valid for a year. If it fails to trigger, it expires.
A fresh GTT order must be placed in case the GTT has been disabled or expired.
Did you know? An email and mobile notification is sent once the GTT is disabled, cancelled, or expired.
Still need help?
×
![]()