After Market Order (AMO)

After Market Order (AMO) is used for placing orders for the next day's trading. As the order name says, these orders have to be placed post the market hours but before the commencement of trading on the next day. An investor needs to check with their broker for the timings when this order type can be placed. AMO orders can be placed from between 4.00 pm to 9.14 am in equity delivery segment.

* If MCX AMO order is placed during the market hours the order will go through the next day at 9 AM.

Below are a few key facts about after-market orders with Zerodha:

• AMO's can be placed in all the market segments including Equity, F&O, Currency, and commodity.
• 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 can be placed anytime on weekends and trading holidays.
• An option is available in Zerodha Kite to place AMO's. You can go to the 'Order and Trade' menu and choose the 'AMO' option.

Answered on 2020-10-20