General Queries
Can I place an order before and after market hours for futures and options on ICICI Direct?
Yes, ICICI Direct allows you to place limit orders before and after market opens in F&O. These are known as pre-market orders and AMO orders which are queued in the system to be sent to the exchange when trading begins.
Key Details:
1. Segments allowed: You can place pre-market and post market limit orders across equity, derivatives, currency, and commodity segments.
2. Timing: For Derivatives, after market orders and pre-market orders can be placed anytime after 4:30 PM and before 9:08 amĀ for the next trading day.
3. Order status: These orders will appear as "Requested" in your order book until the exchange opens.
4. Execution: Orders are sent to the exchange at market open (9:15 AM).
5. GTT orders: Good Till Triggered (GTT) orders can be placed anytime but are executed only during market hours when the trigger price is met.