What is a Schedule Order?

What is a Schedule Order?

Schedule Order (previously known as After Market Order) is an order placed during the offline hours of the market. In simple words, a Schedule order is an order placed after the markets are closed for the day. It will be executed on the next trading day as per the order type and price mentioned.


For Instance, Ms. Parineeti, a client of Fyers, desires to invest in equity but her schedule is packed up for tomorrow. Therefore, she can place the Schedule order today during offline hours after the market and the system will place the order on Ms. Parineeti’s behalf tomorrow as soon as the market commences.



Note:

1. Schedule Orders are unavailable for the commodity segment.

2. The Schedule orders will be placed at the exchange at 9:15 AM (for the Equity and F&O segment) and 9:00 AM (for Currency Derivatives segment) during the next trading day.



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