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Good 'Til Date/Time (GTD) Orders

Description

GTD (good 'til date) is a time in force that lets you select an expiration date and time through which a submitted order will remain active. To use, select GTD as the time in force. Two new fields, "Exp. Date" and "Time" will appear next to the Time in Force field. Set the good 'til date using the format YYYYMMDD. Set the Time using the format HH:MM:SS. To use a time zone other than your local zone, enter the time zone abbreviation following the date. Use EST for Eastern Standard Time, PST for Pacific Standard Time, and GMT for Greenwich Mean Time.

 
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For information on how to create hidden orders, please refer to the
     

Example

You can define any order type as good 'til date/time using the GTD time in force. This ensures that your order will remain active within the IB system up until the close of market on the date you specify, or if you also specify a time, up until the date and time you specify. When you create an order, select GTD from the Time in Force field. In the Exp. Date field that displays, you enter the date through which you want the order to work. If desired, you can also enter a specific time in the Exp. Time field.

   
 
Note: Any stock or option symbols displayed are for illustrative purposes only and are not intended to portray a recommendation.

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