What is a Rollover Position?

What is a Rollover Position?

A Rollover Position enables users to seamlessly transition their Future Positions from the current contract to the next expiry with a single click. This feature facilitates the automatic closure of the current month's position upon expiry while simultaneously establishing a fresh position for the same future contract in the subsequent month, all executed at market price. Users can opt to roll over their positions either before or on the expiry date. It's essential to recognize that the rollover functionality is specifically designed for future contracts. Through this process, the existing contract is liquidated, and concurrently, a new position is initiated in the subsequent contract.


To access the Rollover Position feature:

·       Navigate to the trading Application.

·       Select "Books" from the menu.

·       Click on "Position."

·       Choose the option to "Roll."





Note:
Users have the option to roll over their positions before or on the expiry date. It's important to note that the rollover feature is exclusively applicable to future contracts. The existing contract is closed out, and concurrently, a new position is initiated in the subsequent contract.

 


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