After Market Order (AMO) are placed for the next trading day. You can place AMOs after market closing time. All accumulated orders will be sent to the stock exchange when market opens. Order execution is based on margin availability.
You can place an AMO for all order types - Limit, Market, SL Limit, SL Market and for all products MIS,CNC and NRML.
Below is the image of market watch after the market closing time.
To place an After Market order. Open a regular order form and find the option AMO under Complexity drop down.
The below table shows the after market timings for different segments:
Market Open time
AMO Start time
AMO Stop time
While placing an AMO the system may not check the margin available in your account but while the orders are sent to the exchange, margin check happens and only then the order gets sent out.
You need to fill out all details in the order form and click on buy/sell. This will immediately reflect in your order book with the status " after market order req received".
As long as the status is not complete, these orders can be modified or exited. Below is the modify buy order form
On clicking on the X button the following page will be displayed and on giving conformation the order gets cancelled and shows the status 'Cancelled after market order.'
AMO Vs Simple Orders
When we compare AMOs and Simple orders and which one is better?, It is always better to place a normal order at market opening to get faster execution. In case of AMOs, all orders are accumulated and then sent as a bulk order on market opening. This bulk order request goes in a queue and takes time to execute.
Watch this video to understand better: