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What is IOC and VTC in ICICI Direct?

Day, IOC & VTC are order types offered by ICICI Direct.ICICI Direct customer has to choose the period of the validity of order while placing the order. The order could be valid for a day, IoC (Immediate or Cancelled) and VTC (Valid Till Cancelled).

  • Day Order: A Day order is valid till the end of the trading day.
  • IoC Order:An IoC (Immediate or Cancelled) order is either executed immediately or else get cancelled.
  • VTC Order:A VTC (Valid Till Cancelled) order is valid for 45 days. The order gets automatically executed when the stock reaches the desired set price or else gets cancelled after 45 days

Topic: ICICI Direct FAQs

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