A Good-Til-Cancelled (GTC) order is an order to buy or sell a stock that lasts until the order is completed or canceled. Brokerage firms typically limit the length of time an investor can leave a GTC order open. This time frame may vary from broker to broker. Investors should contact their brokerage firms to determine what time limit would apply to GTC orders.
Thinking About Investing in the Latest Hot Stock?
Read our investor alert on the significant risks of short-term trading based on social media.
What’s A SPAC?
Have you heard the term SPAC (Special Purpose Acquisition Company) referred to in financial or other news? Learn more about SPACs in our Investor Bulletin
Know the risks of day trading
Read this Director’s Take article to understand the risks of engaging in this type of speculative investing.