GTT & GTC orders

POLICY ON HANDLING OF GOOD TILL TRIGGERED / GOOD TILL CANCELLED ORDERS

Concept of GTT (Good-till Triggered) orders

Good - Till Triggered (GTT) orders basically are price alert-based order placement or trigger-based orders. Only when a pre-set trigger (entry price) is breached, then the order is placed with Exchange as per the limit price set by you to execute the order. In case the pre-set trigger (entry price) is breached during a particular day and the limit price selected is not exactly met on the same day, all such orders will be cancelled at the end of such trading day session.

This type of order is valid for all Cash and F&O scrips or contracts, be valid for 365 days from the date of creation or till the expiration date of the contract whichever is earlier. The trigger set is valid only once, so if the order is placed at the exchange and not executed for any reason, the GTT has to be placed again by the user.

GTT can be used only for Delivery orders in the NSE Cash, NSE F&O and BSE Cash segment.

If on the trading day, the price of scrip or contract opens at a gap up or gap down breaching the selected pre-set price, an order would be placed at the selected limit price.

Terms of Use of GTT Order facility

When you place a GTT order, you are deemed to have read and understood the terms and conditions of its use as appended below or as may be amended from time to time and agreed to abide by the same strictly. All GTT orders shall confirm to and be liable to the Bye-laws, Rules and Regulations of the Exchange and the guidelines of the Regulatory authority and be subject to the Rights and Obligations, the risks set out in the Risk Disclosure Documents and all the other terms and conditions relating to securities transactions forming part of the KYC documents executed by you.

1. You will be able to select only limit orders as GTT orders.

2. GTT can be used only for Delivery or CNC or NRML type orders in the NSE Cash, NSE F&O and BSE Cash segment.

3. At any point in time, you can only have a maximum of 50 GTT Orders. GTT Orders may not be allowed, may be rejected or cancelled, or not executed even if pre-set trigger condition is met in the below mentioned market timings/conditions:

i. If the entry price is met or breached, but the order sent to the Exchange does not meet the Order price (limit price) during the day's trading session, the GTT order is cancelled and removed from the GTT Order queue.

ii. All GTT orders that do not meet the entry price in 365 days shall be cancelled. 365 days shall be counted as consecutive calendar days from the date of placing the orders. In case there is a change in exchange series or any corporate actions, such as; splits, bonuses, dividends, merger, reverse mergers, amalgamations, takeover, delisting, rights issue, etc. where there is a significant impact/change in the scrip price, the GTT will be cancelled at the sole discretion of AARITYA, one day prior to the ex-date of such corporate action effect taking place on the stock price. Details of upcoming corporate actions applicable for such unexecuted orders will be intimated to you by one day prior to the ex-date of the corporate action.

iii. If the entry price is met, but the Order price (limit price) is outside the circuit limits of the particular scrip, the GTT orders will be cancelled.

iv. A GTT order which is triggered but not executed at the Exchange for any reason shall be cancelled.

v. GTT orders placed for any scrip/contract not allowed for trading by AARITYA shall be rejected.

vi. You have the option of cancelling the GTT orders at any time before execution, without furnishing any reason.

vii. All GTT Orders which have met the pre-set trigger conditions but not executed for any reason, or are cancelled otherwise, shall have to be placed again, if desired to be executed.

viii. GTT Orders for F&O contracts are valid only during their contract period. Pending GTT Orders for F&O segment will be removed at the expiry of the respective contract period.

ix. GTT orders will be triggered only based on the live last traded price it is tracking on the exchange.

x. Against all GTT orders pending to be triggered, you are required to maintain sufficient cash balance and/or sufficient quantity of holdings of the respective scrip and/or margin such that the GTT orders are placed for execution if and when the entry price is reached or breached.

xi. GTT orders will be allowed to be placed only through client logins via mobile app and web channel.

xii. AARITYA shall not be responsible for any financial loss that you may incur in your securities transaction using the GTT order facility and makes no representations, assurances or warranties as to any profits or other gains to be had from the use of GTT orders. AARITYA accepts no responsibility for non-execution of the GTT orders for any reason whatsoever, their cancellation or for any loss of opportunity to utilize the margins held against pending GTT orders in alternate investment options. AARITYA does not make, nor shall be deemed to have made, any representations or warranties of any kind, either express or implied, including but not limited to, representations or warranties as to the suitability or fitness of GTT order facility for your particular investment or trading needs, risk appetite, or financial conditions.

xiii. AARITYA reserves the right to modify the terms and conditions of GTT at any time without prior notice to you and any GTT order that you may place shall be governed by the prevailing terms and conditions. You shall familiarize yourself with the terms and conditions as are applicable to the GTT orders from time to time.