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Mutual Close Positions

Opposite positions (i.e. BUY and SELL positions in the same instrument) can be closed out mutually. This helps you to save on spread as compared to closing each position separately. You can close any number of opposite positions in the same instrument at once.

To mutually close opposite positions:

1. Select the positions to close in the Positions panel. To select multiple entries, hold down the Ctrl key and click each entry. To select a range of entries, hold down the Shift key and click the first and last entries in the range.

2. With all positions selected, right-click and select Mutual Close. The Mutual Close dialog box appears:

3. Click OK to confirm close, and the request is sent to the server.

If the positions being mutually closed are of the same amount, the Close Positions Mutually box displays the amount of zero in the Total field. In this case, no position will be left open after the mutual close.

If the positions being mutually closed are of different amounts, the Close Positions Mutually box displays the resulting position amount in the Total field. If the amount is negative, this will result in an open SELL position, otherwise, the resulting position will be a BUY one.

After the trade is executed, a server report (or reports, if a new position is opened) will be displayed, and the positions will disappear from the Positions panel or will be replaced by the resulting position. If the positions cannot be closed, you will receive a rejection message indicating why the trade was not completed.

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