The EOD full form in the share market is End of the Day.

What Does EOD Stand For?

In the share market, EOD stands for “End of the Day” Order. This refers to a buy or sell order for securities that remains active only until the end of the trading day. By default, most orders are set to execute by the end of the trading session. If an EOD order is not executed by the close of the market, it will be automatically canceled.

How Do EOD Orders Work?

Investors typically have two options for order execution time frames: End of the Day (EOD) or Good Till Canceled (GTC). EOD orders must be fulfilled within the trading day, while GTC orders remain open until the investor decides to cancel them.

Advantages of EOD Orders

EOD orders offer several benefits for investors. They do not need to monitor the order’s progress beyond the trading day, which can simplify trading. However, if an EOD order is not completed, it will need to be re-entered the next day. This makes EOD orders less risky and provides investors with the flexibility to focus on other trades.