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

    • Square off Process

      Risk team can initiate square off in 9 scenarios. All scenarios are explained below: Scenario.1. T+6 Debit Square Off  (Daily 3.15 pm)   T+6 (T being Trading Day) square off is initiated for all clients who have purchased NON-APPROVED Stocks. All ...
    • Square off process in commodity market

      Commodity Square off Process 1. Intraday Square off Intraday Square off At 04:30 P.M. (Market closes at 05:00 P.M.). For Agri Commodities other than those open for trading till Evening. Intraday Square off At 08:30 P.M. or 09:00 P.M.in case of ...
    • What will happen if I Square off Buy Option position to take another position?

      Sale proceeds from options can only be used for purchasing another options contract. It cannot be used for buying any other stock in the cash segment or futures contract. 
    • How to convert your position?

      Once your trade is successfully placed, you have the option to select and convert your trade under the "Positions" tab from Delivery to Intraday and vice-versa. The conversion of Intraday to Delivery is subject to the margin availability for the ...
    • How do I open a commodity account?

      If you are already have a trading and demat account with 5paisa, you do not have to bear any further charges for activation of MCX segment i.e. Commodities segment   If you wish to activate your commodity segment, we request you to process the same ...