GTT Orders: What if my sell order gets executed and I don’t authenticate using TPIN
GTT order can be executed any day, so it would require TPIN authentication.
Questions:
- How much time do we get to authenticate the sell order?
- What if I am unable to authenticate it the day the shares got sold?
If you have not done CDSL Authorization, the sell GTT order will be rejected once triggered. The CDSL authorization is valid only for a day. You can pre-authorize the sale of shares at the beginning of each trading day (from 8 AM) to ensure the GTT order isn’t rejected. More here: What is the validity of my CDSL authorisation?
is there a way to completely remove this dependency. My account doesnt have this issue but my friend who opened recently has this auth.