Table of Contents
- 1 Is POA required for AMO?
- 2 How can I place Amo in Upstox without POA?
- 3 Does Amo order get executed?
- 4 Is POA mandatory for buyback?
- 5 When Amo orders are executed in Upstox?
- 6 At what price AMO is executed in Upstox?
- 7 Can we do intraday without POA?
- 8 How to place and exit an order on upstox?
- 9 What is the best time to place Amo order?
- 10 Why is my order not getting executed even though successfully placed?
Is POA required for AMO?
Open Instant Account online and start trading today. The Power of Attorney letter is a legal requirement that permits your broker to conduct transactions and transfer shares to the exchange from your account.
How can I place Amo in Upstox without POA?
At Upstox, the e-DIS (electronic-Delivery Instruction Slip) facility enables you to sell your shares directly without having to courier a physical copy of the POA. Once you click ‘SELL’, you’ll be prompted to give your permission to sell your shares. An OTP will be sent to your registered phone number and Email ID.
Is POA necessary for Upstox?
Traders, We’re happy to announce that, starting today, you do not need to sign a PoA (Power of Attorney) to sell your stocks through Upstox. You open your accounts via paperless and then, at the end, the broker asks you to send a physical PoA form to sell your shares through a platform.
Does Amo order get executed?
The Commodity AMO placed during the day will get executed the next day. AMO allowed for all product types CNC, MIS, NRML except for BO/CO. SL orders cannot be placed using AMO. AMO can be placed as a limit as well as market type orders….AMO Order Time.
| Segment | Order Time |
|---|---|
| Commodity | Anytime during the day* |
Is POA mandatory for buyback?
For example, to meet exchange pay-in obligation, margin requirement, apply in buyback, rights etc. POA is not mandatory. However,it is advisable to provide POA for seamless transaction processing when you sell shares, apply for buyback, rights etc.
Can I do intraday without POA?
Can I do Intraday Trading without POA? Yes, you may do intraday trading and even futures and options without a POA. So, power of attorney is not a mandatory document to be signed, nd it doesn’t come into the picture when you buy shares.
When Amo orders are executed in Upstox?
105 on the next trading day, your order is executed at Rs. 105….If you’re using the updated version of the Upstox app, read this.
| Segment | Timing |
|---|---|
| Cash | 4.01 PM-12.00 AM 5.00 AM – 8.58 AM |
| Future and Options | 3.31 PM- 12.00 AM 5.00 AM – 9.13 AM |
| Currency | 5.01 PM – 12.00 AM 5.00 AM – 8.58 AM |
| Commodities | 5.00 AM – 8.58 AM |
At what price AMO is executed in Upstox?
Once the market price reaches the trigger price of ₹104, your limit order gets activated and the order gets executed at the best available price below ₹105….-After-Market Order (AMO):
| Segment | Timing |
|---|---|
| MCX Segment | 5:00 am to 8:58 am |
Can I sell shares without POA?
When you buy shares, we receive the shares on your behalf from the exchanges (NSE/ BSE) which are then transferred to your Demat Account with NSDL. Likewise, when you sell shares, we debit your demat account and give it to the exchange.
Can we do intraday without POA?
How to place and exit an order on upstox?
Simply visit the order book and right-click on the order to modify it. You can exit a particular order as well by using the same procedure. However, an exit order is executed on the current market price. To place an order on Upstox, you must first log in to the Upstox pro web or the mobile app.
What is an AMO order?
Here, AMO stands for “After Market Order”, “CO for Cover Order” and OCO for “One Cancels the Other order”. AMO is a special order that can be placed before and after the market hours i.e. before the market opens – between 4 am and 9 am & after the market closes – between 6:30 pm and 12 am.
What is the best time to place Amo order?
AMO is a special order that can be placed before and after the market hours i.e. before the market opens – between 4 am and 9 am & after the market closes – between 6:30 pm and 12 am. It is best suited for those who are busy during the market hours and still wish to trade.
Why is my order not getting executed even though successfully placed?
Why is my order not getting executed even though its been placed successfully? In certain situations, where there is extremely bad news regarding the company, the stock prices drop rapidly. Due to this, the stock hits lower circuit limits continuously on a daily basis and no new people come in to buy these shares.