For a 'Good till date' order, which description is correct?

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Multiple Choice

For a 'Good till date' order, which description is correct?

Explanation:
Good till date orders are defined by a specific expiration date. On SIX Swiss, the duration of a GTD order depends on the time-in-force type you choose: STI orders can remain in the book for up to one year, while OTI orders expire at the end of the trading day. So a GTD order truly stays active until the chosen date, with STI allowing a long horizon and OTI ending each trading day. This combination is why that description is correct.

Good till date orders are defined by a specific expiration date. On SIX Swiss, the duration of a GTD order depends on the time-in-force type you choose: STI orders can remain in the book for up to one year, while OTI orders expire at the end of the trading day. So a GTD order truly stays active until the chosen date, with STI allowing a long horizon and OTI ending each trading day. This combination is why that description is correct.

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