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What is the impact of GTC + ext. TD Ameritrade on the cryptocurrency market?

avatarAbhishek ThakurDec 18, 2021 · 3 years ago3 answers

How does the introduction of GTC (Good 'Til Canceled) orders and the extension of TD Ameritrade's trading hours affect the cryptocurrency market?

What is the impact of GTC + ext. TD Ameritrade on the cryptocurrency market?

3 answers

  • avatarDec 18, 2021 · 3 years ago
    The introduction of GTC orders and the extension of TD Ameritrade's trading hours have a significant impact on the cryptocurrency market. With GTC orders, traders can set their buy or sell orders to remain active until they are filled or canceled. This allows for more flexibility and convenience in trading cryptocurrencies. Additionally, the extension of TD Ameritrade's trading hours means that traders have more time to react to market movements and place their orders. Overall, these changes contribute to increased liquidity and trading activity in the cryptocurrency market.
  • avatarDec 18, 2021 · 3 years ago
    GTC orders and the extension of TD Ameritrade's trading hours are game-changers for the cryptocurrency market. Traders can now set their orders and not worry about constantly monitoring the market. This brings a new level of convenience and efficiency to cryptocurrency trading. With TD Ameritrade's extended trading hours, traders can take advantage of market opportunities that may occur outside of regular trading hours. This creates more trading volume and potentially higher price volatility in the cryptocurrency market.
  • avatarDec 18, 2021 · 3 years ago
    The impact of GTC orders and the extension of TD Ameritrade's trading hours on the cryptocurrency market is significant. These changes provide traders with more flexibility and convenience in managing their positions. With GTC orders, traders can set their desired price levels and let the orders stay active until they are executed or canceled. This reduces the need for constant monitoring and allows traders to focus on other aspects of their trading strategy. The extension of TD Ameritrade's trading hours also opens up new trading opportunities for cryptocurrency traders, as they can now react to market events that occur outside of regular trading hours.