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    What are the pre-open session timings?

    The pre-open session shall be conducted using call auction mechanism for duration of 15 minutes i.e., from 9:00 am to 9:15 am.

    The pre-open schedule shall be as follows:

    Session Time Description
    Order Entry Period 9:00 am - 9:05 am Market & Limit Orders can be placed, modified or cancelled. After-market orders placed in current-month Index/Stock Futures, shall be forwarded to exchange.
    9:05 am - 9:10 am (*) Only Limit Orders can be placed, modified or cancelled. Market Orders can no longer be placed, modified or cancelled.
    Order Matching Period 9:10 am - 9:12 am Orders are matched and the Equilibrium price is determined. Orders can be placed; they shall be placed in requested mode.
    Buffer Period 9:12 am - 9:15 am Transition from the Pre-Open Session to Continuous Trading Session.

    Note: For index-based market- wide circuit filter breach or any outage (stopping of trading, either suo moto by Exchange or by virtue of reasons beyond control of stock exchange), the market shall open with a pre-open session and its timings shall be informed separately on that day.

    For which instruments is pre-open session applicable in Equity Derivatives market? What shall be the trading parameters for Equity Derivatives market for pre-open session? Will the Self Trade Prevention Check (STPC) mechanism be applicable during the pre-open session in the Equity Derivatives segment? The pre-open session comprises of how many sessions? What are the features? On what basis is the equilibrium / opening price determined for pre-open session? What happens to unmatched orders which are entered in the pre-open session? Will the orders received in pre-open session be validated at the applicable margins? What information related to pre-open shall be disseminated to website and mobile app? What will happen if market orders are placed between 09:05am to 09:10am? How orders are matched during Pre-open Session? What are the different prices / quantities displayed during Pre-open Auction Session?
    What is the Option 20 scheme? What is the GST amount for option trade? Where do I check the date from which I have been mapped under Options 20? Does ICICI Direct offer Futures & Options (F&O) contracts with up to 1-year expiry? What is VAR + ELM? Why is it required for stock options? What are the brokerage charges in Futures & Options if I am mapped to Option 7 scheme? Can I place an order before and after market hours for futures and options on ICICI Direct? What is the MTM (Mark-to-Market) process in F&O? Where can I check if a stock is in MWPL ban? Why am I unable to place an F&O order? Recent Price Revision in F&O When is Extreme Loss Margin(ELM) applicable? Why did my position in Futures and Options get squared-off ? What happens in case my F&O Limit goes negative due to placing Option Buy order at Market price? What are the system square off charges in F&O? How the fund payout process works in stocks and F&O contracts? What is the revised Securities Transaction Tax (STT) for F&O? Why isn't my order getting executed even though it has been placed successfully in Futures and Options? What are the criteria for the contract enablement in F&O? Understanding EBA/F&O Entries in Your ICICI Account or Ledger How limits are displayed on limits page? What is settlement cycle in F&O? How to download STT statement for Futures and Options? What is the additional exposure margin on securities under MWPL? When is a tax audit applicable to an F&O trader? Which ITR form should an F&O trader use for filling tax? Can F&O losses be set off against salary income or other business income? What happens if I incur a loss from F&O trading? Can I carry it forward? What are due dates and late filing impact? What documents are required for tax filling? What expenses can be deducted from F&O trading income? How much tax is payable on F&O profits? How is F&O turnover calculated for tax purposes? What are the new sectoral launches of NSE ? How is F&O trading income taxed in India? How is the amount of contract note is calculated? What is BSE launch on F&O contracts for Focused IT Index? How is Net total amount calculated in the contract note? Why my position in futures and options is squared off lot by lot?