Navigation:  Quick Start Guide > Close and Hedge positions

Hedge Position (if hedging is allowed on your system)

"Hedging" refers to the opening of a new position in the opposite direction of an existing position on the same instrument. Right-click on the desired position in the Open Positions window and choose Hedge Position from the pop-up menu. The dialog box will appear:

 

 

Enter the desired number of lots into the “Amount” field.

 

Note: By default, you are offered to fully hedge the position.

 

Press OK to confirm the hedge.

 

Close Position

To close an open position, you can either left-click on the “Close” field of the desired open position in the Open Positions window, or right-click on a position in the same window and choose Close Position from the pull-down menu. The dialog box will appear:

 

 

Enter the desired number of lots into the “Amount” field. You can enter a smaller number of lots if you want to only partially close position.

 

Note: By default you are offered to fully close the position.

 

Press OK to confirm the order. The position will be closed.  Account information will be updated. The closed position will appear in the Closed Positions window.