EOD Full Form in Share Market: In the share market, EOD stands for End of Day Order. It refers to buy or sell orders for securities that are active only until the market closes that day. If the order is not fulfilled by the end of the trading session, it is automatically canceled. Most orders default to this execution time frame unless specified otherwise.
How EOD Orders Work:
When placing a trade, investors typically have two options for how long the order will stay open: an End of Day (EOD) order or a Good Till Canceled (GTC) order. EOD orders must be filled within the same trading day, whereas GTC orders remain active until the investor manually cancels them.
Advantages of EOD Orders:
EOD orders offer several benefits, especially for buyers. Since the order expires at the close of the trading day, investors don’t need to monitor it afterward. If the order isn’t fulfilled by the end of the day, it simply cancels and can be re-entered if needed. This makes EOD orders relatively low-risk and allows investors to focus on other trades without tying up their capital in pending orders. EOD Full Form in Share Market