Cryptocurrency Q&A
How does an AMO work?
How does an AMO work?
SolitudeSeeker
Mon Nov 04 2024
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7 answers
1476
I'm curious about the functioning of an AMO. Could someone explain how it operates and what its main responsibilities are?
7 answers
JejuJoyful
Tue Nov 05 2024
At exactly 9:00 AM on the next trading day, the broker proceeds with the next step.
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Lorenzo
Tue Nov 05 2024
The AMO order you initiate is directed to your broker immediately.
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Martino
Tue Nov 05 2024
The broker then transmits the AMO order to the stock exchange.
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SamsungShiningStar
Tue Nov 05 2024
It remains with the broker until precisely 8:58 AM of the subsequent trading day.
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Andrea
Tue Nov 05 2024
The stock exchange, which is closed until this time, prepares to open for the day.
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