Why was the GTT order triggered but not executed?

Even though a GTT order is triggered, it may not execute due to specific scenarios. Let’s explore these situations:

1. Price Mismatch:

The Last Traded Price (LTP) not aligning with the limit price can result in non-execution.

For better execution chances, consider setting the limit price above the trigger price in buy GTT and below the trigger price in sell GTT.

2. Sell GTT Not Pre-Authorized:

GTT sell orders need pre-authorization for non-POA/DDPI accounts. Learn more about CDSL TPIN and its usage for selling stock holdings here.

3. Lack of Volume:

If there’s no trading activity (volume) for the instrument, meaning no buyers or sellers, the GTT order may not find an execution opportunity.

4. Price Bands Exceeded:

The limit price surpassing the daily price bands can lead to non-execution. Understand more about circuit limits or price bands here.

5. Order Visibility:

If the order isn’t visible in the order book, please check the rejection reason in the email.