Frequently Asked Questions

When you place a GTDt order, you give an order instruction to HDFC sec stating that if the order is not executed for the entire quantity, HDFC sec is authorised to place fresh orders for the unexecuted quantity in your account on the subsequent trading days till the entire quantity is executed or till the validity expires, whichever is earlier. The feature allows you to specify the number of days during which you wish to place the orders.

Your GTDt order will remain valid but will be expired at the end of every trade date if the order remains unexecuted and if not cancelled or rejected. At the end of day, after market hours, HDFC sec will place overnight orders on your behalf at the same limit price and for the unexecuted quantity for the next trade date provided your validity date is less than or equal to the next trade date.

For example, On trade date 15-01-2015, you can place an order with GTDt order validity to buy 100 shares of RELIANCE INDUSTRIES LTD at a Limit price of 950 with order validity date 13-02-2015. Hence your GTDt order will be valid till 13-02-2015 if not fully executed. (Maximum validity days defined by HDFC sec are upto 30 calendar days.)

Yes. All online existing and new clients of HDFC securities Limited who are eligible to trade in Equity Cash product & Derivatives can avail GTDt facility for order placement.

No. The facility of having GTDt order validity is available only for placing your orders in Equity Cash product, Index futures & Index Options and E-Margin product and not in any other product like Margin, Spot, etc.

Yes GTDt order validity is available for both your Buy as well as Sell orders in Cash product, Index futures & Index options.

Yes. You can specify disclosed quantity while placing your Cash orders with GTDt order validity.

No. Cash orders with GTDt order validity are allowed only with a Limit price and you cannot place a market order with GTDt order validity.

You can place Cash orders with GTDt order validity in all scrips during the pre-open session but only orders in scrips that are pre-open enabled will be sent to exchange during the pre-open session. Orders in all other scrips not enabled for pre-open session would be treated as overnight orders and sent to exchange during normal trading session.

GTDt facility allows you to place buy/sell orders for the unexecuted quantity of your shares as per your limit price till your specified order validity date or till the entire quantity is executed, whichever is earlier. With this facility if your order remains unexecuted on a specific trade date you are not required to login again and place the same orders again. HDFC sec provides you the flexibility of using this facility and providing the validity date, pursuant to which, HDFC sec will place the orders in your account on your behalf during the GTDt order validity date.

Yes. Your buy orders with GTDt order validity are similar to your Buy orders. Prior to placing the orders, you will have to allocate necessary funds/margin in your account.

You will have to ensure that necessary funds/margin are available in your allocation for HDFC sec to place GTDt orders in your account for the unexecuted quantity of the order.

Order Validity Date means the date chosen by you while placing your orders with GTDt order validity. This date has to be equal to or less than the maximum validity date defined by HDFC sec which would appear as the default date against the date field besides GTDt order validity. For example, if the maximum days defined by HDFC sec are upto 30 calendar days then the order validity date can be less than or equal to the default date appearing against the date field besides GTDt order validity. If the trade date is May 23, 2015 then June 21,2015 would appear as the default date besides GTDt order validity. In this case you can choose the GTDt order validity date as less than or equal to June 21, 2015.

You can specify the order validity date by selecting from the calendar available placed on the order placement page near the GTDt order validity field. Alternatively, if the date is not selected, the default date, which is the maximum allowed validity date for such orders, will be considered by HDFC sec as your validity date for the order placed by you. You will not be allowed to place orders with GTDt validity beyond maximum defined validity date.

If your GTDt order validity date falls on a non trading day, the order is expired by HDFC sec on the last trading day which falls prior to such order valid date which is a non trading day. Post the expiry, the status of GTDt order is updated as Expired (Closed).

For example:

You have placed a GTDt request first on 7-10-2015 for buying 100 shares of Reliance at a Limit price of 950 with order validity date of 10-10-2015. In this case: Start Date = 8-10-2015 Thursday Validity Date = 10-10-2015 Saturday i.e. Trading Holiday Thereby, if on 8-10-2015 your Cash order with GTDt order validity date of 10-10-2015 remains unexecuted or partly executed, then HDFC sec will place the same order for the unexecuted quantity as overnight order at end of day of 8-10-2015 for the next trade date i.e. 9-10-2015. If on 9-10-2015 the order still remains unexecuted then HDFC sec will try placing the order for the next trade date i.e. 12-10-2015 but since the valid date is less than the next trade date this order would be Expired & Closed.

Once you have placed your GTDt order, HDFC sec will place orders for the unexecuted quantity of your GTDt order for all the days during the validity period or till the quantity is fully executed or cancelled or rejected due to any reason. You need to login to your account only to see the status of such orders.

GTDt orders can be placed in all scrips that are enabled for placing cash orders. All securities in BSE & NSE except securities in debt segment, NCD, Bonds and illiquid securities are eligible for the placing GTDt order.

You can place GTDt orders on the Bombay Stock Exchange (BSE) and National Stock Exchange(NSE). Kindly note that GTDt is an additional facility in the nature of a new order type offered by HDFC securities to its customers and is not a product provided by Exchanges. 
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.

Orders with GTDt validity can be placed both during the market hours as well as post market hours. Post market hours the GTDt orders can be placed when the site is open for placing off-market orders.

Yes. You can place your GTDt orders through CallNTrade.

You can place maximum 5 GTDt orders for a particular scrip and in all you can place maximum 30 GTDt orders across all eligible scrips.

Post Corporate Action, 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.

If your GTDt order remains unexecuted and is not cancelled, nor rejected due to any reason then daily orders for the unexecuted quantity will be placed as overnight orders by HDFC sec during the validity period, i.e. until the order validity date is less than or equal to the next trade date.

The orders would be placed on these dates provided they are trading days.

You can view the details of GTDt orders in your account under the normal Equity  order book for equity orders & Derivatives order book for derivatives order.

To view further details of orders placed by HDFC sec for the unexecuted quantity during the validity period, you can visit the Order placement log on the Order Book. The Log is displayed on clicking the order reference hyperlink of your respective order. The Remarks column under the order log displays the "GTDt Order" rejection remarks, if any.

You can view the status of your GTDt orders by visiting the order book of respective segment on trading page. 

On clicking the order valid date against the respective order, if the Status column displays Rejected (Closed) or Expired (Closed) then the order would not be further placed by HDFC sec as the same has been closed either due to rejection or expiry of the validity period. If the status remains Expired under the valid date hyperlink then the order is still valid as the valid date is more than the current trade date and such expired orders would be placed by HDFC sec.

Emails and SMS will be sent to you when the GTDt orders fall short of Funds / Securities or Blocked due to price beyond DPR range, Security Suspended, Security not allowed etc.

GTDt orders have a validity date displayed under the Order Ref./Channel/Order Valid Date column in the order book.

Yes. You can login to your account and visit the Equity order book & Derivatives order book to modify the quantity or limit price of your GTDt orders. Please note that you will be able to modify the order only when the order is in 'Ordered status' (during market hours) or 'Requested status' (after market hours). “GTDt Blocked” orders cannot be modified but can only be cancelled.

Yes, you cancel the same by login into your trading account through ITS or by calling our centralised dealing desk.
For cancelling order though ITS kindly login into your trading account and visit Equity order book & Derivatives order book to cancel your GTDt orders anytime during market hours OR after market hours.
Once you have cancelled your GTDt order, your order would stand cancelled and thereafter no orders would be placed by HDFC sec for the same.

No. There is no change in the brokerage rates for your normal transactions and GTDt orders. The Brokerage rates and applicable charges are same for your normal transactions and GTDt orders.

The settlement for your GTDt orders would be done in the same manner as normal equity market transactions settlement viz T+2 days & derivatives market settlement viz T+1 day

Yes, Customers can place GTDT Buy and Sell (sell- Open position only) order under E-Margin Product.

Yes customers can place GTDT buy order against the shares as collateral by selecting E-Margin as an order type.

Yes you can place Stoploss order with GTDt order validity.

MTF, Cash, Index Futures and Index Options.