How do I square off the open position?

How do I square off the open position?

To Square off single position, follow the below steps:

Step. 1. Go to net position tab
Step. 2. Select the position you want to close
Step. 3. Click on square off button
Step. 4. An order square off window will be opened
Step. 5. Enter your desired values to in square off window and click on confirm to square off the position
 
To Square off all position, follow the below steps: 

Step. 1. Go to Net Position Tab
Step. 2. Click on square off all button
Step. 3. You will see confirmation window, check the stock list and click on confirm to square off  all your position in one click

Note: Cover and bracket order square off is excluded for square off and square off functionality


    • Related Articles

    • How do I square off the open position?

      Closing a single position or squaring off all positions on the 5 Paisa platform is straightforward. Here are the steps to follow: To close a single position: Navigate to the 'Net Position' tab on the 5 Paisa. Locate and select the specific position ...
    • How to check open position?

      Clients can review their open positions through the mobile application and web portal by following these steps: For the mobile application: · Log in to the application. · Navigate to the "Book" section. · Search or get a quote for the desired ...
    • In which scenarios my equity intraday position gets square off by 5paisa?

      The Risk team may initiate square-offs in four scenarios: 1. DPR-based Square Off: Occurs anytime during the day when a client holds a short position in a stock nearing its upper threshold of the Daily Price Range (DPR) prescribed by the exchange. ...
    • What are the auto square-off timings for open intraday positions?

      The auto square-off timings for open intraday positions vary according to the rules and regulations set by specific stock exchanges and brokerage firms. For Equity/Cash Segment : 3.15 PM, Equity Derivatives: 3.15 PM, Currency Derivatives : 4.30 PM & ...
    • If a client has an open position or debit balance, will it be squared off for settling the account?

      No. Client's open positions or debit balance shall be subject to the Risk Management Policy of the company and square-off shall happen if the risk parameters are hit or a margin shortfall occurs.