Short answer

Yes, Good Till Triggered (GTT) orders are available for F&O contracts. Since F&O contracts, unlike stocks, have an expiry date, here are a few things to remember:

Your GTT orders for F&O contracts remain valid only until the contract expires. When the contract expires, your GTT also expires.

If you place a GTT order for a contract that iRage does not allow for trading, your order will be rejected when it triggers.

Always check for any pending GTTs for an instrument before you place another order.

Your GTTs for equity F&O contracts may be cancelled if a corporate action directly affects the lot size or price.

Your GTTs for index F&O contracts will be cancelled whenever the lot size for the contract changes.

Stock F&O contracts come with compulsory physical delivery. If your GTT leads to a position in a stock F&O contract and the contract expires, you may end up with a physical delivery obligation. This means you have to either give or take delivery of the shares.

If your GTT closes one side of a hedged position, the margin requirement for your overall portfolio may increase. In such cases, iRage can square off your position at any time.

GTT orders are not available for the Currency segment.