Odd time magnetic correlations and chiral spin nematics

The magnetic analog of odd-time superconducting order is introduced. It is shown that the classification of possible odd-time magnetic states admits the existence of a novel state - the chiral spin nematic - which is characterized by an odd-in-time spin-spin correlation function.The known example of the chiral spin liquid appears naturally in this approach. The equal-time correlation function of these odd-in-time states involves non-trivial three spin correlations.