Namaste! It's very common to feel really confused when a broker's TMS screen is full of seemingly random short codes (e.g. LTP LMT FOK) that you can hardly make out. Actually, this is the situation not only for a new investor from Nepal but also a human one quite familiar with capital market. That's why putting all TMS abbreviations together in a single resource is actually very smart. Besides taking your initial list, I've gone through the official source of NEPSE, broker manuals and real investors' experiences (as of 2026) to produce this very simple, direct, and friendly piece of writing.
This guide will be yours. It won't just be a mere enumeration of codes but rather a set of clear explanations, the reasons why they should be known, the way to employ them and the most common beginners' tips which most beginners only dream of finding in the market! Once you've read this, you'll be perfectly comfortable with TMS, you'll know how to place your first order, and you'll be guided away from the common mistakes of Nepal's share market that is both exciting and volatile.
What do you mean by NEPSE and TMS?
Nepal Stock Exchange (NEPSE) is Nepal's only stock exchange—the place where shares of banks, hydropower companies, insurance companies and others are bought and sold. Trading is done electronically through the Trading Management System (TMS), also known as the NEPSE Online Trading System (NOTS). Each licensed broker (there are about 50) provides you access to TMS through their own login portal (like tms45.nepsetms.com.np).
TMS is your online trading dashboard. You log in with your username, password, and OTP, see live prices, and place buy/sell orders. Everything is in dematerialized (Demat) form no physical share certificates. It's easy once you've learned the language!
The Complete TMS Short Codes
Here’s is the expanded master list. I’ve included original abbreviations with clear explanations, plus a few more common ones that appear in every TMS (like instrument types and extra order conditions).
| Short Code | Full Form | Simple Explanation (Why it matters for you) |
|---|---|---|
| TMS | Trading Management System | The main app/platform where you trade live on NEPSE. Your broker gives you login access. |
| LTP | Latest Trading Price | The most recent price at which a share was bought/sold. Check this to know the current market pulse. |
| CLI | Client | Refers to your client account or ID in the system. |
| CNC | Cash & Carry | A settlement type pay full cash up front and take delivery of shares (no leverage). Safe for beginners. |
| OTP | One Time Password | The 6-digit code sent to your phone/email for secure login or transactions. Never share it! |
| LMT | Limit Order | You set the exact price you want (e.g., buy only at NPR 200 or lower). Great for control. |
| MKT | Market Order | Buy/sell immediately at the best available current price. Fast, but price can slip a bit. |
| EQ | Equity | Ordinary shares of companies (most common stocks you see). |
| MF | Mutual Funds | Professionally managed funds lower risk way to invest in many companies at once. |
| NCD | Non-Convertible Debentures | Fixed-interest debt instruments (like bonds). Safer than stocks, pays regular interest. |
| GTC | Good Till Cancel | Your order stays active until you cancel it (even across days). Perfect for patient investors. |
| GTD | Good Till Date | Order stays until a specific date you choose, then expires. |
| AON | All or None | The entire order must be filled together no partial fills. Useful for big quantities. |
| NOTS | Nepse Online Trading System | The official backbone connecting all brokers to NEPSE (TMS runs on this). |
| CP | Closing Price | The final price of the day when the market closes (3 PM). Good for next-day planning. |
| IOC | Immediate or Cancel | Execute whatever you can right now; cancel the rest immediately. |
| FOK | Fill or Kill | Must fill the entire order instantly or cancel the whole thing. No partials. |
| DNA | Direct NOTS Access | Direct login to NEPSE’s online system (some brokers offer this for faster access). |
Bonus Common Codes You’ll See in TMS:
- BO / BOID: Beneficiary Owner (ID) — Your unique Demat account number.
- CRN: Customer Relationship Number — Used mainly for IPO applications on MeroShare.
- PS: Preference Share (special shares with fixed dividends).
- WS: Warrants (right to buy shares later at a fixed price).
- PCD / FCD: Partially/Fully Convertible Debentures (debt that can turn into shares).
- Day Order (default): Expires at end of trading day if not filled.
Print this table or bookmark it, your TMS screen will suddenly make a lot of sense!
How to Start Trading in Nepal’s Share Market (Step-by-Step for Absolute Beginners)
- Open a Bank Account (if you don’t have one).
- Open a Demat Account at any SEBON approved bank or depository participant. You’ll get your BOID and CRN. Takes 5–7 days.
- Activate MeroShare (meroshare.cdsc.com.np) — This is your one-stop portal for IPOs, bonus shares, and viewing your holdings.
- Choose a Broker and open a Trading Account (submit BOID + docs). They’ll email your TMS login.
- Fund your account via ConnectIPS or bank transfer.
- Log into TMS → Research → Place your first order!
Market hours: Monday to Friday, 11 AM – 3 PM (closed on Saturdays, and holidays).
Valuable Tips Most Beginners Miss
- Start small and learn: Don’t invest your life savings on day one. Many new investors lose money by chasing “hot tips” without research.
- Order types matter: Use LMT when you want control. Use MKT only when you’re sure and need speed. GTC is your friend for long-term plans.
- Research before buying: Check company financials on Merolagani.com or Sharesansar. Look at EPS (earnings), dividends, and sector news. Hydropower and banking stocks dominate NEPSE but always check debt levels.
- IPO vs Secondary Market: IPOs (primary market) are like a lottery—apply via MeroShare. Secondary market is daily buying/selling existing shares.
- Risks are real: Prices swing with politics, interest rates, and remittances. Never invest money you can’t afford to lose. Diversify across 3–5 stocks.
- Long-term wins: Investors who hold quality companies for years (and reinvest dividends) usually beat daily traders.
- Free tools: Use NEPSE’s demo TMS to practice without real money. Follow reliable pages but verify everything yourself.
Bonus: A Free Tool to Track Your Stocks Effortlessly
Once you start buying shares, keeping track of your portfolio can feel overwhelming—especially when you have stocks from different brokers or want to see gains/losses in one place. That’s where a simple, free tracker comes in handy.
If you’re looking for something easy and zero-cost, try MyWallet. It’s a free finance tracker app where you can quickly input your NEPSE stocks (and other investments), watch live price updates, and see your overall portfolio performance. It works smoothly on mobile, desktop, or any device no installation hassle, no hidden fees. Perfect for beginners who just want to stay organized without complicating things. Just search for MyWallet in your browser or app store and get started in minutes.
Final Words: Your Share Market Journey Starts Now
The stock market of Nepal is not only figures but ownership in the real Nepali companies who build hydropower plants, run banks, and create jobs. When you master the TMS codes, trading will not only be fun but also give you a sense of power. Now, you have the combinations that most new investors do not have: a single, comprehensive reference plus practical guidance, and a nice free tracking tool. Bookmark this page, share it with the friends who keep asking "LTP k ho?" and leave a comment below if you think there are any codes missing or if you have any questions. Remember: Self-education first, cautious investing second, and patience as a virtue. Learning is one of the ways through which the market rewards investors. Happy investing! 📈
#TMS #NEPSE #ShareMarketNepal #BeginnerGuide #MyWallet
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