Why was the GTT order triggered but not executed?
The GTT order gets triggered but does not execute in the following scenarios:
- The Last Traded Price (LTP) did not match the limit price.
- There is no volume, i.e., no buyers or sellers for the instrument.
- The limit price exceeds the price bands for the day. See What does circuit limits i.e price bands mean?
- If the GTT sell order is not pre-authorised for a non POA account. See What is the CDSL TPIN and how do I use it to sell my stock holdings?
Did you know? Entering the price above the trigger price in buy GTT and below the trigger price in sell GTT increases the chance of execution.