Good This Week - GTW

Filed Under »
Dictionary Says

Definition of 'Good This Week - GTW'

A market order that is only valid in the week of its placement. If the order is not filled during the week of issue, it will be canceled. A GTW order is only active for the current week, meaning it will not last seven days from when it was placed.
Investopedia Says

Investopedia explains 'Good This Week - GTW'

The duration of the order allows the investor to set a bid or an ask in a desired time frame. For example, let's say it is currently Tuesday and news that will affect a company's stock will be released the coming Monday. If an investor wishes to buy or sell the stock anytime before the news is released, he or she may place a GTW order to buy or sell these shares before the news arrives.The order will be good until the end of Friday, but will become invalid for Monday's news release.

Sign Up For Term of the Day!

Try Our Stock Simulator!

Test your trading skills!

Related Definitions

  1. Good Through

    An order to buy ...
  2. Good 'Til Canceled - GTC

    An order to buy ...
  3. Market Order

    An order that an ...
  4. Market If Touched - MIT

    A conditional ...
  5. Immediate Or Cancel Order - IOC

    An order to buy ...
  6. Good This Month - GTM

    A limit order to ...
  7. End Of Day Order

    A buy or sell ...
  8. Iceberg Order

    A large single ...
  9. Non-Directed Order

    A directive by a ...
  10. Kill

    To cancel a ...

Articles Of Interest

  1. The Basics Of Trading A Stock

    Taking control of your portfolio means knowing what orders to use when buying or selling stocks.
  2. Brokers and Online Trading

    How do you find the right broker for your investment needs? Start by reading our broker tutorial.
  3. Electronic Trading Tutorial

    Learn about the systems that run the market. Topics include market makers, specialists, SuperDOT, ECNs, SOES, Level I, II, and III Access, and more.
  4. The Stop-Loss Order - Make Sure You Use It

    It's a simple but powerful tool to help you implement your stock-investment strategy. Find out how.
  5. How To Place Orders With A Forex Broker

    Learn how to set each type of stop and limit when trading currencies.
  6. Can a stop-loss order be used to protect a short sale transaction?

  7. Why does my broker allow me to enter only day orders for short selling?

  8. What is a GTEM order?

  9. Forget The Stop, You've Got Options

    Using options instead of stop-loss orders adds finesse and control in limiting losses.
  10. Understanding Order Execution

    Find out the various ways in which a broker can fill an order, which can affect costs.

comments powered by Disqus
Recommended
Loading, please wait...
Trading Center