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

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

With the Quick Reverse position, you can reverse your stock’s position with just a click, whether Buy or Sell. 

Note: Quick reverse is available for all segments expect equity delivery.

Path- Application >> Books >> Position >> Click on Reverse symbol



Mechanism: 

For instance, if you hold a buy position and the market experiences a sudden decline, you have the option to swiftly reverse your position from buy to sell with just one click. In practical terms, if you initially buy 50 quantities and decide to reverse your position, the system will execute a short sell of 100 quantities, effectively opening up a short position of 50 quantities.

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