- Equity segment, from 9:00am – 3:30pm
- F&O segment, from 9:15am – 3:30pm
- Currency segment, from 9:00am – 5:00 pm
- Commodity segment, from 09:00AM TO 11:30PM / 09:00AM TO 11:55PM [on account of change in US daylight saving timings]
What is an After Market order?
An AMO for different segments have set time slots for it to be considered as valid, and they are
| Products | AMO slots |
|---|---|
| Equity spot/cash Market | 4:00pm to 8:59am |
| Equity F&O Market | 4:00pm to 9:14am |
| Currency F&O Market | 4:00pm to 8:59am |
| Commodity Futures Market | 12:00am to 8:59am |
By now you probably have an understanding of what an AMO is, but you are probably wondering “If I place an AMO today, when exactly does it get pushed to the market?”
An AMO is pushed the next day after the market opens.
Read that again.
It is extremely important to note that all AMOs would be pushed to the next trading day. Refer below table for segment-wise timings.
| Product | Time |
|---|---|
| Equity spot/cash Market | 9:00 am |
| Equity F&O Market | 9:15 am |
| Currency F&O Market | 9:00 am |
| Commodity Futures Market | 9:00am |
Clear? Let’s move on…
This handy feature provided by Tradejini works greatly for individual traders who are often unable to conduct their trades during regular market hours.
Additionally, since the price of an instrument remains static during the after-market hours, an individual can perform a detailed analysis to make his/her decision.
With AMO’s, you will never miss an opportunity to trade, all your orders will be pushed at market open and this shall also benefit you from the initial market opening price.
Isn’t that great?… Not really?… Check this…
- AMO’s can be placed on all products and on all exchanges.
- You can also utilize margin provided on all AMO intraday orders.
- No Internet? No problem.. You can also use the “Call and trade” facility provided by Tradejini to place your AMOs.
Open Nest Trader, On the Menu Bar, → Click on “Orders and Trades” tab → Select “After Market Order” → Select either Buy/Sell/Basket Order → Enter details → Click “Submit”
Open Nest Trader →
- Select “Script” from market watch → press the shortcut key “CTRL + F1” for a buy AMO → enter details → click “Submit”.
- Select “Script” from market watch → press the shortcut key “CTRL + F2” for a sell AMO → enter details → click “Submit”.
- Press the shortcut key “ALT + SHIFT + O” for a Basket AMO → enter orders → click “Place”.
All AMO’s placed can be modified or exited via Order Book. To Modify or Exit an AMO, open Order book by using either the shortcut key (F3) or click on “View Orders and Trades” button on the menu bar → Select “Order Book”.
Noteworthy points about After Market Orders
- Smart orders like Bracket Order and Cover order are not valid under AMOs.
- AMO’s are not valid during regular market hours. Similarly, normal orders are not valid after market closing.