{"id":12168,"date":"2026-05-22T13:38:20","date_gmt":"2026-05-22T13:38:20","guid":{"rendered":"https:\/\/lemonn.co.in\/blog\/glossary\/after-market-order-amo\/"},"modified":"2026-05-22T13:38:20","modified_gmt":"2026-05-22T13:38:20","slug":"after-market-order-amo","status":"publish","type":"glossary","link":"https:\/\/lemonn.co.in\/blog\/glossary\/after-market-order-amo\/","title":{"rendered":"After Market Order (AMO)"},"content":{"rendered":"<p>An After <a class=\"glossaryLink\" href=\"https:\/\/lemonn.co.in\/blog\/glossary\/market-order\/\" data-gt-translate-attributes='[{\"attribute\":\"data-cmtooltip\", \"format\":\"html\"}]' tabindex=\"0\" role=\"link\">Market Order<\/a>, or AMO, is an order you place with your <a class=\"glossaryLink\" href=\"https:\/\/lemonn.co.in\/blog\/glossary\/broker\/\" data-gt-translate-attributes='[{\"attribute\":\"data-cmtooltip\", \"format\":\"html\"}]' tabindex=\"0\" role=\"link\">broker<\/a> when the <a class=\"glossaryLink\" href=\"https:\/\/lemonn.co.in\/blog\/glossary\/stock-exchange\/\" data-gt-translate-attributes='[{\"attribute\":\"data-cmtooltip\", \"format\":\"html\"}]' tabindex=\"0\" role=\"link\">stock exchange<\/a> is closed. The broker queues it overnight and forwards it to <a class=\"glossaryLink\"  href=\"https:\/\/lemonn.co.in\/blog\/glossary\/nse\/\"  data-gt-translate-attributes='[{\"attribute\":\"data-cmtooltip\", \"format\":\"html\"}]'  tabindex='0' role='link'>NSE<\/a> or <a class=\"glossaryLink\"  href=\"https:\/\/lemonn.co.in\/blog\/glossary\/bse\/\"  data-gt-translate-attributes='[{\"attribute\":\"data-cmtooltip\", \"format\":\"html\"}]'  tabindex='0' role='link'>BSE<\/a> the moment the next <a class=\"glossaryLink\" href=\"https:\/\/lemonn.co.in\/blog\/glossary\/trading\/\" data-gt-translate-attributes='[{\"attribute\":\"data-cmtooltip\", \"format\":\"html\"}]' tabindex=\"0\" role=\"link\">trading<\/a> session opens. AMOs are a convenient way for working professionals and investors who follow markets after office hours to act on the previous day&#x2019;s news without having to log in at 9:15 a.m. the next morning.<\/p>\n<div><strong>Key takeaways:<\/strong>\n<ul>\n<li>AMOs let you place buy\/sell orders outside live market hours and queue them for the next session.<\/li>\n<li>They are sent to the exchange shortly before the opening bell &#x2014; they are not executed in the after-hours window.<\/li>\n<li>Most brokers allow AMOs for <a class=\"glossaryLink\" href=\"https:\/\/lemonn.co.in\/blog\/glossary\/equity\/\" data-gt-translate-attributes='[{\"attribute\":\"data-cmtooltip\", \"format\":\"html\"}]' tabindex=\"0\" role=\"link\">equity<\/a> (cash), F&amp;O and <a class=\"glossaryLink\" href=\"https:\/\/lemonn.co.in\/blog\/glossary\/mutual-fund\/\" data-gt-translate-attributes='[{\"attribute\":\"data-cmtooltip\", \"format\":\"html\"}]' tabindex=\"0\" role=\"link\">mutual fund<\/a>s, but with slightly different timing windows.<\/li>\n<li>AMOs are usually <a class=\"glossaryLink\" href=\"https:\/\/lemonn.co.in\/blog\/glossary\/limit-order\/\" data-gt-translate-attributes='[{\"attribute\":\"data-cmtooltip\", \"format\":\"html\"}]' tabindex=\"0\" role=\"link\">limit order<\/a>s; market AMOs may carry a price band restriction set by the broker.<\/li>\n<li>They can be cancelled or modified any time before they are forwarded to the exchange.<\/li>\n<\/ul>\n<\/div>\n<h2 id=\"what-is-an-after-market-order\">What is an After Market Order?<\/h2>\n<p>An After Market Order is simply a regular buy or sell instruction sent to your broker outside the official trading window of the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE). Indian equity markets trade between 9:15 a.m. and 3:30 p.m. on weekdays. Anything outside this window &#x2014; late evenings, early mornings, weekends or holidays &#x2014; falls into AMO territory.<\/p>\n<p>The broker does not execute the order in real time. Instead, it stores the instruction and pushes it into the exchange queue during the pre-open or just before the regular session begins. From that point onwards, the order behaves like any normal order &#x2014; it can match, get partially filled, or sit on the order book until cancelled.<\/p>\n<h2 id=\"how-amos-work-in-india\">How AMOs work in India<\/h2>\n<p>The exact mechanics depend on your broker, but the overall flow is standard across the industry:<\/p>\n<ol>\n<li>You log in to your trading app or website outside market hours and select the AMO option in the order window.<\/li>\n<li>You specify the symbol, quantity, order type (limit or market), product type (CNC for delivery, MIS for intraday or NRML for F&amp;O), and price\/stop loss.<\/li>\n<li>The broker validates margins and stores the order on its servers.<\/li>\n<li>At a fixed cut-off the next morning &#x2014; typically between 8:58 a.m. and 9:08 a.m. &#x2014; the broker pushes the AMO to the exchange.<\/li>\n<li>The order then participates in the pre-open auction or the continuous session, depending on broker policy.<\/li>\n<\/ol>\n<h2 id=\"timing-windows-you-should-know\">Timing windows you should know<\/h2>\n<p>While exchanges allow AMOs broadly between the close of one session and the open of the next, brokers add their own buffers. As a rough guide for Indian retail brokers:<\/p>\n<table>\n<tr>\n<th>Segment<\/th>\n<th>AMO acceptance window (typical)<\/th>\n<\/tr>\n<tr>\n<td>Equity (NSE \/ BSE cash)<\/td>\n<td>3:45 p.m. to 8:59 a.m. next trading day<\/td>\n<\/tr>\n<tr>\n<td>F&amp;O<\/td>\n<td>3:45 p.m. to 9:10 a.m. next trading day<\/td>\n<\/tr>\n<tr>\n<td>Currency \/ <a class=\"glossaryLink\" href=\"https:\/\/lemonn.co.in\/blog\/glossary\/commodity\/\" data-gt-translate-attributes='[{\"attribute\":\"data-cmtooltip\", \"format\":\"html\"}]' tabindex=\"0\" role=\"link\">Commodity<\/a><\/td>\n<td>Varies; many brokers do not support AMO in these segments<\/td>\n<\/tr>\n<\/table>\n<p>On Fridays, an AMO will sit in the system over the weekend and be forwarded on Monday morning. If a corporate action like an ex-<a class=\"glossaryLink\" href=\"https:\/\/lemonn.co.in\/blog\/glossary\/dividend\/\" data-gt-translate-attributes='[{\"attribute\":\"data-cmtooltip\", \"format\":\"html\"}]' tabindex=\"0\" role=\"link\">dividend<\/a> or bonus is scheduled the next day, your broker may reject the AMO and ask you to place a fresh order.<\/p>\n<h2 id=\"limit-amo-vs-market-amo\">Limit AMO vs Market AMO<\/h2>\n<p>You can usually choose between a limit AMO and a market AMO. A <strong>limit AMO<\/strong> specifies the maximum price you are willing to pay (or minimum you want to receive). It is the safer option because it protects you from gap-up or gap-down openings. A <strong>market AMO<\/strong> executes at whatever price prevails at the open, which can be far from yesterday&#x2019;s close.<\/p>\n<p>To avoid extreme <a class=\"glossaryLink\" href=\"https:\/\/lemonn.co.in\/blog\/glossary\/slippage\/\" data-gt-translate-attributes='[{\"attribute\":\"data-cmtooltip\", \"format\":\"html\"}]' tabindex=\"0\" role=\"link\">slippage<\/a>, most brokers force market AMOs into a price band &#x2014; typically &#xB1;5% of the previous close. If the opening is outside that band, the order is rejected. Beginners should default to limit AMOs.<\/p>\n<h2 id=\"when-amos-are-most-useful\">When AMOs are most useful<\/h2>\n<ul>\n<li><strong>Working professionals<\/strong> who cannot watch the screen at 9:15 a.m. and want to act on closing-bell research or U.S. market cues.<\/li>\n<li><strong>Long-term investors<\/strong> placing delivery (CNC) orders after reviewing quarterly results released post-market.<\/li>\n<li><strong>Systematic investors<\/strong> rebalancing <a class=\"glossaryLink\" href=\"https:\/\/lemonn.co.in\/blog\/glossary\/portfolio\/\" data-gt-translate-attributes='[{\"attribute\":\"data-cmtooltip\", \"format\":\"html\"}]' tabindex=\"0\" role=\"link\">portfolio<\/a>s on weekends.<\/li>\n<li><strong>F&amp;O traders<\/strong> setting up positions before earnings announcements scheduled before the next open.<\/li>\n<\/ul>\n<h2 id=\"risks-and-limitations-to-remember\">Risks and limitations to remember<\/h2>\n<p>AMOs are convenient but not risk-free. Overnight news can move prices sharply, and your AMO will still execute (or trigger a stop loss) at the open. <a class=\"glossaryLink\" href=\"https:\/\/lemonn.co.in\/blog\/glossary\/liquidity\/\" data-gt-translate-attributes='[{\"attribute\":\"data-cmtooltip\", \"format\":\"html\"}]' tabindex=\"0\" role=\"link\">Liquidity<\/a> in the pre-open is often thin, so quotes can be erratic. Some brokers also block AMOs in <a class=\"glossaryLink\" href=\"https:\/\/lemonn.co.in\/blog\/glossary\/stocks\/\" data-gt-translate-attributes='[{\"attribute\":\"data-cmtooltip\", \"format\":\"html\"}]' tabindex=\"0\" role=\"link\">stocks<\/a> under additional surveillance (ASM\/GSM lists) or in scrips with low daily turnover.<\/p>\n<p>Margins are checked at the time you place the AMO and again before it is forwarded. If your account balance falls short the next morning &mdash; for example because of an MTM d<a class=\"glossaryLink\"  href=\"https:\/\/lemonn.co.in\/blog\/glossary\/ebit\/\"  data-gt-translate-attributes='[{\"attribute\":\"data-cmtooltip\", \"format\":\"html\"}]'  tabindex='0' role='link'>ebit<\/a> overnight in F&amp;O &mdash; your AMO will be rejected.<\/p>\n<h2 id=\"frequently-asked-questions\">Frequently asked questions<\/h2>\n<div>\n<h3 id=\"are-amos-executed-at-the-previous-day-s-closing-price\">Are AMOs executed at the previous day&#x2019;s closing price?<\/h3>\n<p>No. They are queued and sent to the exchange near the next opening bell. Execution price depends on demand and supply at the open &#x2014; which can differ significantly from the previous close, especially if there is overnight news.<\/p>\n<h3 id=\"can-i-modify-or-cancel-an-amo\">Can I modify or cancel an AMO?<\/h3>\n<p>Yes, any time before the broker forwards it to the exchange. Once forwarded, it behaves like a normal pending order and can still be modified or cancelled if it has not been filled.<\/p>\n<h3 id=\"is-there-an-extra-charge-for-amos\">Is there an extra charge for AMOs?<\/h3>\n<p>No. AMOs attract the same brokerage and statutory charges as regular orders. Discount brokers like Lemonn typically charge the standard equity brokerage on the executed value.<\/p>\n<h3 id=\"can-i-place-amo-for-ipo-or-mutual-funds\">Can I place AMO for <a class=\"glossaryLink\"  href=\"https:\/\/lemonn.co.in\/blog\/glossary\/ipo\/\"  data-gt-translate-attributes='[{\"attribute\":\"data-cmtooltip\", \"format\":\"html\"}]'  tabindex='0' role='link'>IPO<\/a> or mutual funds?<\/h3>\n<p>Mutual fund orders placed after the cut-off are technically AMOs and get the next business day&rsquo;s <a class=\"glossaryLink\"  href=\"https:\/\/lemonn.co.in\/blog\/glossary\/nav\/\"  data-gt-translate-attributes='[{\"attribute\":\"data-cmtooltip\", \"format\":\"html\"}]'  tabindex='0' role='link'>NAV<\/a>. IPO applications follow <a class=\"glossaryLink\"  href=\"https:\/\/lemonn.co.in\/blog\/glossary\/asba\/\"  data-gt-translate-attributes='[{\"attribute\":\"data-cmtooltip\", \"format\":\"html\"}]'  tabindex='0' role='link'>ASBA<\/a> rules and are not classified as AMOs.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>An After Market Order, or AMO, is an order you place with your broker when the stock exchange is closed. The broker queues it overnight and forwards it to NSE or BSE the moment the next trading session opens. AMOs are a convenient way for working professionals and investors who follow markets after office hours [&#x2026;]<\/p>\n","protected":false},"author":3,"featured_media":0,"menu_order":0,"template":"","meta":{"_uag_custom_page_level_css":"","footnotes":""},"class_list":["post-12168","glossary","type-glossary","status-publish","hentry"],"blocksy_meta":[],"uagb_featured_image_src":{"full":false,"thumbnail":false,"medium":false,"medium_large":false,"large":false,"1536x1536":false,"2048x2048":false,"web-stories-poster-portrait":false,"web-stories-publisher-logo":false,"web-stories-thumbnail":false},"uagb_author_info":{"display_name":"Team Lemonn","author_link":"https:\/\/lemonn.co.in\/blog\/author\/ashu\/"},"uagb_comment_info":0,"uagb_excerpt":"An After Market Order, or AMO, is an order you place with your broker when the stock exchange is closed. The broker queues it overnight and forwards it to NSE or BSE the moment the next trading session opens. AMOs are a convenient way for working professionals and investors who follow markets after office hours&hellip;","_links":{"self":[{"href":"https:\/\/lemonn.co.in\/blog\/wp-json\/wp\/v2\/glossary\/12168","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lemonn.co.in\/blog\/wp-json\/wp\/v2\/glossary"}],"about":[{"href":"https:\/\/lemonn.co.in\/blog\/wp-json\/wp\/v2\/types\/glossary"}],"author":[{"embeddable":true,"href":"https:\/\/lemonn.co.in\/blog\/wp-json\/wp\/v2\/users\/3"}],"version-history":[{"count":0,"href":"https:\/\/lemonn.co.in\/blog\/wp-json\/wp\/v2\/glossary\/12168\/revisions"}],"wp:attachment":[{"href":"https:\/\/lemonn.co.in\/blog\/wp-json\/wp\/v2\/media?parent=12168"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}