Table of Contents
How Amo order is executed?
Your AMO order is executed on the next trading day of the stock exchange. AMO orders placed when market is closed will be sent to the exchange next day morning before the market opens. Hence it can be modified or cancelled in case you sense any negative news or event that has taken place over night.
When Amo order is placed?
An AMO is a type of order which is placed by the investor when the market session is closed. This order gets placed on the exchange at the opening of the next market session. Note: Timing to place an AMO is between 5:00 pm and 9:00 am for NSE, NFO and Currency segments.
Can I place Amo at market price?
AMO’s can be placed in all the market segments including Equity, F&O, Currency, and commodity. The Commodity AMO placed during the day will get executed the next day.
Can we put stop loss in AMO order?
You will not be able to place stoploss (SL or SL-M) orders using AMOs. However, you can use a GTT order instead to place a stoploss during non-market hours.
What if I buy stock after hours?
After-hours trading takes place after the markets have closed. Risks associated with after-hours trading include less liquidity, wide spreads, more competition from institutional investors, and more volatility. After-hours trading allows investors to react immediately to breaking news and is much more convenient.
Can Amo be placed on Sunday?
AMO can be placed anytime on weekends and trading holidays.
What is Amo (after market order)?
After Market Order (AMO) is used for placing orders for the next day’s trading. As the order name says, these orders have to be placed post the market hours but before the commencement of trading on the next day. An investor needs to check with their broker for the timings when this order type can be placed.
How do I place Amo’s?
A All AMO’s will be placed in the market in the order of the price bands. For instance, the market orders will be placed first and then all other orders are lined on the basis of the price band in ascending order. Q Which are the exchanges where I can place AMOs?
Can I place Amo orders on the weekends?
AMO orders are allowed for all product types (CNC/MIS/NRML) except for BO/CO. You will also not be able to place stoploss orders using AMOs. On weekends and trading holidays, AMOs can be placed at any time. Read this article on Z-connect to learn more about AMOs.
How to place Amo orders using margin trading facility?
Margin Trading Facility is available for AMO orders on all platforms: KEAT, KST, website. Using the After Markets Orders facility is very simple. All you need to do is log into your Kotak Securities trading account, and choose the AMO option. You can then place your order. When you place an AMO, you have to consider the closing price.