NEPSE to introduce after market order system with 15% price band flexibility

April 17, 2026, 03:50:00 PM |

KATHMANDU: Nepal’s capital market is set for a structural shift as Nepal Stock Exchange prepares to introduce the ‘After Market Order’ (AMO) system, allowing investors to place buy and sell orders even outside regular trading hours with a price fluctuation band of up to 15 percent.

The new provision comes after the amended Securities Trading Operation Regulation was approved by Securities Board of Nepal and sent back to NEPSE for implementation. The system will come into effect once NEPSE’s board determines the official rollout date.

Under the new framework, investors can place orders before or after trading hours through broker systems. These orders will be queued based on time priority and executed once the market opens, provided they fall within the prescribed price limits. The regulation specifies that such orders must remain within 15 percent above or below the previous trading day’s closing price.

Currently, NEPSE allows order placement only during trading hours, typically from 11:00 AM to 3:00 PM. The AMO system is expected to particularly benefit Nepali investors residing abroad, who often face time-zone constraints.

The revised regulation also expands price movement limits in different trading sessions. In the pre-open session, stock prices can now fluctuate by up to 5 percent from the previous closing price, up from the earlier 2 percent limit. During continuous trading, the price movement band has been increased to 3 percent from the previous 2 percent.

Additionally, circuit breaker rules have been updated. If the NEPSE index moves by 5 percent within the first two hours of trading, the market will halt for 15 minutes. A movement of 8 percent at any time during trading will result in a full-day market closure.

The maximum daily price fluctuation limit for listed companies has also been increased to 15 percent, up from the existing 10 percent cap, signaling a move toward a more flexible and dynamic trading environment.

Fiscal Nepal |

Friday April 17, 2026, 03:50:00 PM |