What is a Quick Reverse Position? How to use this?

A Quick Reverse Position feature allows users to instantly reverse their stock positions with a single click, whether they want to switch from a Buy to a Sell position or vice versa. It's important to note that this functionality is available across all segments except for equity delivery.

For example, if you currently hold a buy position and the market undergoes a sudden downturn, you have the option to swiftly reverse your position from buy to sell with just one click. In practical terms, if your initial buy position consists of 50 quantities and you decide to reverse your position, the system will automatically execute a short sell of 100 quantities, effectively initiating a short position of 50 quantities.

To access the Quick Reverse Position feature:

• Open the trading Application.
• Navigate to "Books" from the menu.
• Select "Position."
• Click on the Reverse symbol.

 

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