Question: At What Price Amo Orders Are Executed?

What are OCO orders?

A one-cancels-the-other order (OCO) is a pair of conditional orders stipulating that if one order executes, then the other order is automatically canceled.

When either the stop or limit price is reached and the order executed, the other order automatically gets canceled..

Is GTT free in Zerodha?

Zerodha provides free GTT orders means the broker doesn’t charge any fee to place GTT orders on the Zerodha Kite web and Kite mobile app.

When can we place Amo order in Upstox?

You can plan your orders at leisure after researching about the markets before the market opens and place an order after the market closes. The AMO (After Market Order) timing for Cash, F&O, Currency segment is 6.30 pm to 12.00 am and 4.00 am to 9.00 am and for MCX segment is 4.00 am to 9.45 am.

What are the charges for AMO order in Zerodha?

In zerodha, AMOs are allowed after 6:30 pm to next day morning until 9:15 am. You can place MIS, NRML and CNC product type orders, other order types are not allowed. Brokerage charges are same as like what product code you choose, there are no additional charges for AMO.

Should I place a market or limit order?

For many trades, market orders are good enough. … You might use a limit order if you want to own a certain stock but think it’s overvalued now. If so, you could set a lower “limit” at which you’ll buy. If it reaches that limit, the order will be activated, and you’ll buy the stock.

What is validity in Upstox?

The validity in Upstox means the period for which a placed order is valid. The price of a stock moves up and down regularly and order is executed only when the matching price is available. When placing buy/sell order with Upstox, you have the option to choose one of the 3 validity types-

Can I place order after market close?

The Off-Market order option lets you place buy/sell orders in stocks after market hours. These orders are sent to the exchange on the next trading day. You can place an off-market order anytime except for 4:20 p.m. to 4:45 p.m, 5:15 p.m to 6:30 p.m. and again from 12:00 midnight to 01:00 a.m everyday.

Which is better Zerodha or Upstox?

Zerodha Vs Upstox Leverage (Margin) Zerodha provides the margin of Up to 20x (based on the stock) for intraday trades whereas the Upstox margin for intraday cash is Basic: 15x | Priority: 20x | Basic CO: 20x | Priority CO: 27x.

How does Amo order work?

AMO is an advance order that allows traders to place buy/sell orders after regular market hours. In other words, an AMO is similar to a normal order with the exception that it is placed after regular market hours.

How Market orders are executed?

A market order to buy or sell goes to the top of all pending orders and gets executed almost immediately, regardless of price. … When you submit a market order to buy a stock, you pay the highest price on the market. If you submit a market sell order, you receive the lowest price on the market.

Can Amo orders be Cancelled?

You can modify and cancel your AMO order anytime before limit price is triggered.

Which is better limit order or market order?

With market orders, you trade the stock for whatever the going price is. With limit orders, you can name a price, and if the stock hits it the trade is usually executed. That’s the most fundamental difference between a market order and a limit order, but each type can be more appropriate for a given trading situation.

Can I cancel Amo in Zerodha?

F&O amo orders can be canceled before 9:10 am, after that, you will be able to cancel only aftermarket open (9.15 am). f&o amo order can be cancelled before 9:10 am? Yes, You cancel F&O amo orders before 9:10 am, once it crosses 9:10 am then you have wait for markets to open to cancel the order.

Does Zerodha charge for Cancelled orders?

No, Zerodha doesn’t charge brokerage or any other fees for canceled orders. If for some reason you cancel your orders, you won’t be charged any fees.

When Amo orders are executed?

Regarding Execution of AMO orders : As soon as the market opens at 9.15am, all the AMO orders are sent by the broker end to Exchange. Some brokers allow AMO after 3:30 pm or 4:00 pm onwards, In zerodha it is after 6:30 pm.

What is primary leg in Upstox?

The first leg of the order is the normal order, which is used for buying or selling the scrip. The second leg of the order is the stop loss order which is used to square off the scrip in case you start making losses. … The cover order has a major advantage in terms of margin you get for placing that trade.

Can share buy after market closes?

You can trade in the after market hours. I.e. after the stock markets close for trade at 3.30 PM IST and before they opens at 9.15 AM IST (depending of course on whether your stock broker allows that – most brokers do these days).

What happens if a limit order is not executed?

Key Takeaways A buy limit order allows investors to pick a specific price and assures that they will only pay that price or better. A buy limit order will not execute if the ask price remains above the specified buy limit price. … A market order prioritizes speed of sale, above the price of the security.