Why is there a difference between the GTT trigger price and the price mentioned in the GTT mail?
This happens because the price of the stock may have skipped the trigger price due to high market volatility.
For instance, if the stock closes at 100 on Monday and you have placed a sell trigger for 95 with a limit price of 93. On Tuesday, if the stock opens gap down at 90, the order will be triggered and placed at the limit price of 93.
In this case, GTT is triggered at 90, and the same price will be displayed in the mail. This may happen even during regular market hours. When there is volatility, the price may skip and go higher or lower than the trigger price. The price captured on GTT will be displayed in the email and on the GTT info window.
To know more about GTT, click here .
Note: GTT is completely free and there are no additional charges for using it.