General
What Happens If I take a Flash Trade in F&O and forget to square it off?
Handling of Flash Trade depends on the time validity selected while placing the request.
Case 1: Flash Trade Validity Ends Before Market Closes
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If the Flash Trade has a time validity within market hours, it will appear under:
- Flash Positions
- Open Positions
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If you forget to square it off, the system will automatically square off the position once the validity time ends.
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The position will be squared off from both Flash Positions and Open Positions.
Example:
- You placed a Flash Trade at 12:00 PM
- Validity selected: 2 hours
- Validity ends at 2:00 PM
If you do not square off the position manually, the system will automatically square it off at 2:00 PM.
Case 2: Flash Trade Validity Extends Beyond Market Hours
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If the Flash Trade validity goes beyond market hours or into the next trading day:
- The position will no longer appear under Flash Trades
- It will move to Open Positions
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The position will remain open and will not be auto squared off
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It will stay open until you manually square it off or until the expiry date
Example:
- You placed a Flash Trade at 12:00 PM
- Validity selected: 4 hours
- Validity ends at 4:00 PM (after market close)
The position will remain open and will be visible only in Open Positions page on the same day or next trading day.