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. To learn more about bonus and stock splits, see What is a bonus issue? and What is a stock split?

Cancelled or Rejected

• If the shares get delisted or suspended. To learn more, 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. To learn more, see What do the different groups on NSE and BSE mean?
• If the shares undergo corporate action like extra ordinary dividends, i.e. dividends above 2%, rights issue, consolidation, spin-off, and reduction in capital. To learn more, 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• If the derivative contract has expired and the contract is no longer valid.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?

• The validity of a GTT (Good Till Triggered) for the equity segment is one year from the placement date. After one year, the GTT will be automatically cancelled, but it can be re-created if necessary.
• One account can have a maximum of 250 active GTTs simultaneously.
• An email notification is sent whenever a GTT is triggered, expired or if an order is placed on the exchange. Before placing a GTT, please review the terms and conditions by visiting zerodha.com/tos/gtt.