What are the order categories at Emint ?

We have 4 different order categories at Emint for Equity transactions

1. Intraday

Select Intraday if you intend to squareoff your positions on the same day before the end of trading hours. If not squared off, our systems will auto squareoff your intraday position before the trading hours. 

Intraday orders provide leverage, allowing traders to take larger positions with a smaller amount of capital

Intraday trades in the cash segment and F&O segment can be executed using the Intraday order type

2. Delivery

Customers should choose the option of Deliver,  if they intend to be invested in a stock for more than a day. The shares are delivered to the investors’ Demat account as per T+1 ( trading day + 1 day) cycle. Delivery orders do not provide leverage, and the trader is required to pay the full amount for the shares upfront, at the time of purchase. For delivery orders, select delivery for Cash trades and NRML for trades in F&O. 

3. GTT ( Good Till Triggered) 

Customers should choose the option of GTT, if they are ready to wait till their trigger price is matched with the market price in near future. GTT  orders are active for 1 year or till it is cancelled. The order will be executed anytime during the 1 year period, provided the customers has required funds available in their account at the time of the trigger. 

Example : You intend to buy Reliance stock for a particular price, say INR 1500 and are ready to wait for your target price to hit. In such a case you can place a GTT order. You can place a GTT buy order with a trigger price of Rs 1500. Once the market price of the stock reaches Rs 1500, your buy order will be executed at the prevailing market price

4. AMO

Customers should choose the option of AMO, if they intend to place an order at  a time, which is other than the normal trading hours of the Exchange. AMO ( After Market orders) can be placed between 3:45PM to 8:57am on days on which the market is open and anytime on weekends/trading holidays. These orders will be sent to the Exchange on  the next market open day at 9.15AM if the order falls within the circuit limits for the instrument. 

Note: Prices shown in the image are only for education & design purpose only. It may or may not correlate with current / actual price.