What is an After Market Order (AMO) and how to place it?
After Market Order (AMO) is an order type that can be used to place orders outside of regular trading hours and is executed once the market opens. AMOs are especially useful for users who cannot actively track the markets during regular trading hours. To know the trading hours, see What are the market timings? AMOs are allowed for all product types, i.e. CNC, MIS, NRML, except for Cover orders (COs).
AMOs can be placed, modified or cancelled only between these times:
Segment | Timings |
Equity
|
NSE - 3:45 PM to 8:58 AM |
BSE - 3:45 PM to 8:58 AM | |
Currency | 3:45 PM to 8:59 AM |
F&O | 3:45 PM to 9:10 AM |
MCX | Anytime during the day. If an order is placed during market hours, it will be executed on the next day at 9 AM |
If a DDPI or POA is not submitted, CNC Sell AMO for stocks bought on T day can only be placed on the next day i.e. T+1 day after 6:30 AM. For stocks that have already been delivered to the demat account, a CNC Sell AMO can be placed after 5 PM. This is because TPIN authorisation is accepted after 05:00 PM for AMOs. Clients can submit DDPI to overcome this limitation. To learn more about DDPI, see What is Demat Debit and Pledge Instruction (DDPI)?
To place an AMO, click on
AMO
on the order window, select the product and order type, and click on
Buy
or
Sell.
The AMOs are sent to the exchange at the following times:
Segment | Timings |
Equity - Market and Limit orders | 09:00 AM |
Equity - IOC validity, Disclosed quantity (less than 100% of sell quantity), Stop loss (SL), Stop loss - Market (SL-M) | 09:15 AM |
F&O | 09:15 AM |
CDS | 09: 00 AM |
Did you know?
- AMOs can be placed at any time during weekends and trading holidays.
- AMOs cannot be placed between 01:00 AM and 05:30 AM because of the scheduled maintenance.
- AMOs are not allowed for ETFs. However, long-standing GTT orders can be placed. To learn more about GTT, see What is the Good Till Triggered (GTT) feature?
- AMOs are not allowed for stocks under periodic call auction. To learn more about periodic call auction, see What is periodic call auction and why are some stocks traded in this category?
- AMOs can be placed on the day a stock is listed before 9 AM. However, it can only be placed as a limit order.
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