What are amo orders?

What are amo orders?

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.

How Amo orders are 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.

What is CNC order?

CNC stands for Cash N Carry, which is also known as delivery trading. It refers to the arrangement where you (the trader) need to pay the entire amount in cash or give shares as margin equating to the value of purchase at the time of the order placement.

Which orders are executed first?

This means that orders get executed on a ‘first come first serve’ basis (queue system). If there are people who have placed orders before you, your order will be executed only if the orders placed earlier gets filled. Placing a pre-market order has a better chance of being executed than an AMO.

What is the meaning of the term aftermarket?

In economic literature, the term “aftermarket” refers to a secondary market for the goods and services that are 1) complementary or 2) related to its primary market goods ( original equipment ). In many industries, the primary market consists of durable goods, whereas the aftermarket consists…

How do I place an after market order?

After Market Orders can also be placed through the Call & Trade facility. Using this service, you can call our customer care executives, who will then place the order on your behalf. Simply call the toll free number 30305757 between 4.15 pm and 6.00 pm or 8.30 am and 9.00 am. Q Can I place the order at market price? A No.

What is after market order (Amo) in trading?

You can modify or cancel your order anytime after placing it if you don’t feel like. You can set your risk potential. After market orders (AMO) are just perfect for those people who don’t have time during trading hours but are willing to trade. Using AMO you can place orders as per your strategy in the hours when the market is closed.

Why do after market orders get rejected?

The After Market Orders get rejected if an order is placed for next day while the current market is still open. Gives time to research and view various reports that would not have been possible during market hours due to the pressure and rush. If the price you chose does not match with that of the next day, AMO might not be executed.