What is the meaning of GTC + EXT in the context of cryptocurrency trading on TD Ameritrade?
Akshita RastogiDec 25, 2021 · 3 years ago5 answers
Can you explain the meaning of GTC + EXT in the context of cryptocurrency trading on TD Ameritrade? I'm new to trading and would like to understand these terms better.
5 answers
- Dec 25, 2021 · 3 years agoSure, GTC stands for 'Good 'Til Canceled' and EXT stands for 'Extended Hours Trading'. In the context of cryptocurrency trading on TD Ameritrade, GTC refers to an order type that remains active until it is either executed or canceled by the trader. This means that if you place a GTC order, it will stay in the order book until it is filled or manually canceled. EXT, on the other hand, refers to the ability to trade cryptocurrencies outside of regular market hours. TD Ameritrade offers extended hours trading for select cryptocurrencies, allowing traders to place orders even when the market is closed. It's important to note that not all cryptocurrencies are available for extended hours trading, so make sure to check which ones are eligible.
- Dec 25, 2021 · 3 years agoGTC and EXT are terms commonly used in cryptocurrency trading on TD Ameritrade. GTC, or 'Good 'Til Canceled', refers to an order type that remains active until it is filled or manually canceled by the trader. This means that if you place a GTC order, it will stay in the order book until it is executed or canceled. EXT, on the other hand, stands for 'Extended Hours Trading', which allows traders to buy and sell cryptocurrencies outside of regular market hours. TD Ameritrade offers extended hours trading for select cryptocurrencies, giving traders the flexibility to trade even when the market is closed. Keep in mind that not all cryptocurrencies are available for extended hours trading, so it's important to check which ones are eligible.
- Dec 25, 2021 · 3 years agoGTC and EXT are important terms to understand in the context of cryptocurrency trading on TD Ameritrade. GTC, or 'Good 'Til Canceled', refers to an order type that remains active until it is filled or manually canceled by the trader. This means that if you place a GTC order, it will stay in the order book until it is executed or canceled. EXT, on the other hand, stands for 'Extended Hours Trading', which allows traders to buy and sell cryptocurrencies outside of regular market hours. TD Ameritrade offers extended hours trading for select cryptocurrencies, providing traders with more flexibility in their trading activities. However, it's worth noting that not all cryptocurrencies are available for extended hours trading, so it's important to check the availability of each cryptocurrency before placing an order.
- Dec 25, 2021 · 3 years agoGTC and EXT are two terms you should know when it comes to cryptocurrency trading on TD Ameritrade. GTC, or 'Good 'Til Canceled', is an order type that remains active until it is filled or manually canceled by the trader. This means that if you place a GTC order, it will stay in the order book until it is executed or canceled. EXT, on the other hand, stands for 'Extended Hours Trading', which allows traders to buy and sell cryptocurrencies outside of regular market hours. TD Ameritrade offers extended hours trading for select cryptocurrencies, giving traders the opportunity to take advantage of market movements even when the regular market is closed. Just keep in mind that not all cryptocurrencies are available for extended hours trading, so make sure to check the availability of each cryptocurrency before placing an order.
- Dec 25, 2021 · 3 years agoGTC and EXT are terms commonly used in cryptocurrency trading on TD Ameritrade. GTC, or 'Good 'Til Canceled', refers to an order type that remains active until it is filled or manually canceled by the trader. This means that if you place a GTC order, it will stay in the order book until it is executed or canceled. EXT, on the other hand, stands for 'Extended Hours Trading', which allows traders to buy and sell cryptocurrencies outside of regular market hours. TD Ameritrade offers extended hours trading for select cryptocurrencies, giving traders the flexibility to trade even when the market is closed. However, it's important to note that not all cryptocurrencies are available for extended hours trading, so make sure to check the availability of each cryptocurrency before placing an order.
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