When I have squared off my positions, why are they still reflecting as an open positions on InstaTrade?

• If you don’t square off your positions from InstaTrade, the positions on InstaTrade will not get updated.
• This position will reflect as an open position on InstaTrade until the expiry of the contract.
• We recommend you modify, cancel and square off trades within InstaTrade, so that the positions taken on InstaTrade reflect the right quantity and P&L

Important Points to remember:

• Only the trades that are executed using InstaTrade, will be reflected on InstaTrade.

• If you don’t square off your position from InstaTrade, the positions on InstaTrade will not get updated. This will lead to a mismatch of profit and loss and the quantity of your open positions on Insta trade and the Neo App/Web.

• A position that is not squared off from InstaTrade will still reflect as an open position until the expiry of the contract.

• If you place an order to square off your position from InstaTrade (which was not squared off from InstaTrade), it will place a short sell order, as the open quantity is zero and you are placing a square off (sell) order. If you have sufficient margin for the fresh short-sell order, your short-sell order will be placed. However, if you do not have sufficient margin for the fresh short-sell order, your order will be rejected.