1492 terms

Glossary

Every term is defined twice: once the way a filing would put it, and once the way somebody would explain it to you across a table. The second one is usually the one that sticks.

Showing 2 terms

Pre-open session

Trading & orders

Also called: Opening auction, Pre-open auction

The 9:00–9:15 window in which the NSE collects orders and computes a single opening price.

In plain terms

Orders collect until 9:08, match until 9:12, and everyone who trades gets the same equilibrium price.

Read the full lesson →

After market order

Trading & orders

Also called: AMO

An order queued outside trading hours for the next session.

In plain terms

Placed as a market order it executes into the opening auction, often far from the last close.

Read the full lesson →