Get the Edge with After Market Orders!2 min read
We understand that our traders wish to be active in the market and do not want to be limited by market hours. Our value-added service of After Market Orders (AMO) enables Paytm Money traders to remain active in the market even when the markets are closed.
What are After Market Orders?
After Market Orders (AMOs) are a type of trade order that can be placed by traders outside of market hours. Users who are unable to actively follow the markets during regular trading hours can benefit most from AMOs.
Except for Bracket Orders and Cover Orders, AMOs are available for all types of orders/products.
When can users place AMOs?
| Segment | Timings |
| Equity | NSE: 4:00:00 PM to 8:59:59 AM BSE: 9:08:00 AM to 9:14:59 AM |
| F&O | 3:31:00 PM to 9:14:59 AM |
New Optimisation for AMOs in the Equity Segment
We have now optimised the AMO process for the Equity segment, making it even more efficient for traders.
- AMOs in Equity are still allowed between 4 PM to 9 AM and 9:08 AM to 9:15 AM.
- New Process: AMOs placed before 9 AM in the Equity segment will now be pushed to the exchange at 9 AM instead of 9:15 AM, provided they meet the following conditions:
- The stock should be eligible from the exchange in the pre-open session.
- Orders placed will be without additional conditions.
- Stop-Loss (SL) and Stop-Loss Market (SLM) orders will continue to be pushed to the exchange at 9:15 AM.
When do AMOs get executed?
These orders are executed on the next trading day. Orders are sent to the exchange on a best-effort basis after validation of all risk parameters.
Note: The securities/funds mentioned are for example purposes and do not serve as recommendations.
What are the benefits of AMOs?
- AMOs can be placed at any time during weekends and trading holidays.
- Traders who wish to participate but are unavailable during market hours can greatly benefit from AMOs.
- While trading after hours, there is no need to closely monitor stock price changes during market hours. Users can plan their orders at their leisure after conducting research.
- Modifying or canceling an order is simple both during and outside of market hours, as long as the order is not executed.
In Conclusion:
The After Market Orders (AMOs) feature at Paytm Money provides traders with the flexibility and freedom to remain active in the market beyond regular trading hours. With our latest optimisation in the Equity segment, AMOs now offer smoother execution and enhanced efficiency. Embracing AMOs empowers traders with the convenience and adaptability they seek, making their trading journey more seamless and efficient.
Disclaimer: Investments in the securities market are subject to market risks, read all the related documents carefully before investing. Brokerage will not exceed the SEBI prescribed limit. Paytm Money Ltd SEBI Reg No. Broking – INZ000240532, Depository Participant – IN – DP – 416 – 2019, Depository Participant Number: CDSL – 12088800, NSE (90165), BSE (6707). Regd Office: 136, 1st Floor, Devika Tower, Nehru Place, Delhi – 110019. For more details, please visit https://www.paytmmoney.com
