The customer can place GTDt order/s through various channel/s viz Internet – mPowered Trading Platform, Call and Trade', Branch, LITS and cannot place order/s through STWT and mobile app.
HDFC securities shall decide upon the list of Securities in which Clients would be permitted to put orders in GTDt. The list of securities is be updated from time to time, click here to refer the updated list of securities.
HDFC securities shall provide an option/s of the Exchanges in which the Clients would be permitted to place GTDt orders under this GTDt facility. HDFC securities shall have the discretion to withdraw the facility from any Exchange as well as provide the facility on any additional Exchange at any time.
User will be able to place order with GTDt Validity only in Equity, Futures Index & Index options.
Any order with Good Till Date (GTDt) validity will continue to be placed until the following cases are met:
a. Validity date set is reached
b. Full execution happens
c. Order is cancelled by the client
"GTDt" option will be provided in the Order Type drop-down menu in the order panel.
Trade execution is subjected to availability of fund in client's linked default HDFC Bank account. In case of systemic inability due to any reason / system failure etc, GTDt transaction would not be carried out.
Incase of insufficiency of funds, GTDt order will not be executed. There won’t be any partial execution of orders in case of the funds available are insufficient.
GTDt Orders will be placed on the subsequent trading days for the pending quantity, until the entire order quantity is executed or the order is cancelled or the validity expires, whichever is earlier.
In case of any regulatory reason, if client's trading account is deactivated, then the GTDt transactions will not be executed.
If GTDt feature is disallowed for a particular Exchange; users will not be able to place fresh GTDt order and all the existing GTDt orders in that exchange will be shown as “GTDt Blocked” and not sent to exchange. Once allowed on re-validating orders, these Blocked orders will be activated.
Client can place maximum 5 GTDt orders for a particular scrip and in all client can place maximum 30 GTDt orders across all eligible scrips.
Client will not be allowed to place orders with GTDt validity beyond maximum defined validity date. At present the maximum validity set is 30 days from the date of order.
User will be allowed to place Stop Loss orders with GTDt Validity. Only Limit Order will be allowed.
Stop Loss orders with GTDt validity will be allowed.
Order placement with disclosed quantity will be allowed with GTDt validity.
Users will be able to place orders with GTDt validity after-market hours as well.
GTDt Orders placed aftermarket orders will be pumped to the Exchange as soon as the Market Opens (Continuous / Open Session).
GTDt orders will be validated against DPR (Daily Price Range) sent by the exchange as part of SOD process.
Before revalidating the order for next trading day, system will check for circuit limits and would validate orders only within the circuit limits.
The orders which would get failed in circuit check for next day pumping would be kept in system in “GTDt Blocked” status for retry on subsequent trading day. Funds / Securities for such orders would not be blocked.
“GTDt Blocked” orders cannot be modified but can only be cancelled. This process will continue till the order gets expired due to date validity.
Intraday circuit filter change will not be applicable for GTDt Orders, which got rejected before validation of current day pumping.
Emails and SMS will be sent to the customers when the GTDt orders fall short of Funds / Securities or Blocked due to price beyond DPR range, Security Suspended, Security not allowed etc.
In case there is a corporate action happening in the scrip, post-corporate action the GTDt orders will be validated against DPR (Daily Price Range) sent by the exchange as part of SOD process. Before revalidating the order for next trading day (post corporate action), system will check for circuit limits and daily price range and would validate orders only within the circuit limit and daily price ranges. The orders which would get failed in circuit check and daily price range for next day pumping would be kept in system in “GTDt Blocked” status for retry on subsequent trading day.
Emails and SMS will be sent to the customers when the GTDt orders fall short of Funds / Securities or Blocked due to price beyond DPR range. The Client will be required to review his orders pro actively whenever there may be impact of corporate action on his order. It would be the onus of the client to take appropriate action to modify / cancel orders accordingly.
Securities investments are subject to market risks and there can be no assurance or guarantee that the objectives will be achieved. Each client is advised to consult his/her own financial advisor/ professional tax advisor.
The Client agrees that HDFC securities would not be liable in the event for reasons including but not limited to volatility or system problems or slow or delayed response from system or trading halt, or any such other problem/glitch whereby not being able to establish access to the trading system/network, which may be beyond control of HDFC securities Limited.
The Client hereby directs and authorises HDFC Bank Limited as the Depository Participant to act on the directions given by HDFC securities pursuant to the terms and conditions herein, power of attorney (POA) and Client Agreement / Rights and Obligations executed by the Client in favour of /with HDFC securities.
HDFC securities shall not be deemed to have received any electronically transmitted order or application until HDFC securities has confirmed the receipt of such an order or application. The client further understands that trading through www.hdfcsec.com is in electronic mode, based on satellite / leased line based communications, combination of technologies and computer systems to place and route orders. Thus, there exists a possibility of communication failure or system problems or slow or delayed response from system or trading halt, or any such other problem/glitch whereby not being able to establish access to the trading system/network, which may be beyond control and may result in delay in processing or not processing buy or sell orders either in part or in full. The client understands and agrees that although these problems may be temporary in nature, in case when the client has outstanding open positions or unexecuted orders, these represent a risk because of the client’s obligations to settle all executed transactions. The Client understands that placing an order with HDFC securities, either electronically or otherwise, does not guarantee execution of the said order or acceptance of an application. The Client shall not hold, nor seek to hold, HDFC securities and/or any of its officers, directors, employees, agents, subsidiaries or affiliates, liable for any loss including but not limited to trading losses incurred by the Client due to exchange or market regulation, suspension of trading, war, strike, equipment failure, communication line failure, system failure, security failure on the Internet, unauthorised access, theft, or any problem, technological or otherwise, or other condition beyond the control of HDFC securities that might prevent the Client from entering an order or HDFC securities from executing an order.
The Client hereby agrees and undertakes not to hold HDFC Bank Limited (Depository Participant), HDFC securities and HDFC Bank Limited (the bank) liable for any claim, action, grievance or dispute that the Client may suffer and shall indemnify and save harmless HDFC Bank Limited (Depository Participant), HDFC securities and HDFC Bank Limited (the bank) from any claim, action, dispute or grievance that any third party may have, on account of HDFC Bank Limited (Depository Participant), HDFC securities and/or HDFC Bank Limited (the bank) having acted in pursuance of the directions and/or authorisations of the Client and/or his /her agent.
This facility shall be offered to the Clients at the sole discretion of HDFC securities. HDFC securities reserves the right to refuse to offer this Facility to any Client or group of Clients and may withdraw the Facility for taking fresh positions at any time without prior notice or assigning any reason therefore.
The GTDt product shall be available on case-to-case basis at sole discretion of HDFC securities.
Incase Of any discrepancy/Issue in placing any order please call your Relationship Manager Or Call -N -Trade desk on 33553366 (with Local STD Code )
For any further information you may contact our Customer care desk at 39019400 (with Local STD Code ) or email us at customercare@hdfcsec.com