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Canceling Orders on Reverse and Trade Out

As explained in Table 5.2, you can use the Reverse button to send the order that will reverse your market position, while Trade Out button will send the order that will close your current position.

By default, all working orders are canceled when you click this button.

After clicking the Reverse or Trade Out button, the system will, on default:

  1. Wait until all your working orders are canceled (This action will take up to five seconds)
  2. Send an corresponding market order

You can switch off these defaults if you wish.

Note:  in versions before 2.1, Reverse and TradeOut did not wait till your working orders were cancelled before sending out an opposing market order.

 

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