Good Till Date/Time Order (GTD)
A pending order set to remain valid until a predetermined future date, upon which it is automatically cancelled if it has not been filled.
Did you know?
The average daily trading volume in the foreign exchange market exceeds $5 trillion.
Word of the day
"One Cancels the Other Order (OCO)" - A combination of a stop order with a limit order to mitigate risk exposure, whereby the execution of one order triggers the automatic cancellation of the other.
required margin in quote currency = trade size in units / leverage X exchange rate