Removing AON provision on both buying and selling in NEPSE, What is the "AON" ?

Jul Sat 2022 03:26:44

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Removing AON provision on both buying and selling in NEPSE, What is the  "AON"  ?

Kathmandu: The AON provision in both buying and selling has been removed from Nepse since July 4. Although this provision is in the interest of small investors, many have complained that big investors have misused this method to manipulate the market.

This option appears when buying and selling using TMS. All Or Non is its full form. AON is the provision that the shares you are going to buy or sell will be bought or sold in one go.

This provision has been removed from both buying and selling since Sunday. Once this is removed, the shares you buy or sell may be partially bought or sold. There have been complaints from some large investors that they have misused the AON provision by placing buy orders or selling orders with great results. But there are complaints that removing this option would be unfair to small investors.