AMO Approved - You No Longer Have to Be Free Between 11 and 3
Summary
Investors in Nepal will soon be able to place buy and sell orders on the Nepal Stock Exchange outside regular trading hours, enhancing convenience especially for Non-Resident Nepalis and working professionals.
Key Points
- Securities Board of Nepal (SEBON) approved an amendment allowing After Market Orders (AMO) on the Nepal Stock Exchange (NEPSE).
- NEPSE currently operates between 11 AM and 3 PM, but AMO will enable investors to place orders anytime outside these hours.
- Non-Resident Nepalis and busy working professionals are expected to benefit greatly from this change.
- AMO is anticipated to increase market participation and trading volume, making the Nepalese stock market more modern and investor-friendly.
