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Position Management

The position management window provides a summary view of all current positions and Position Orders. The information in this window is updated in real time, changing tick by tick as the market moves.
Currency: The column lists all available currency pairs, even if you don't have an open position in that pair.
Net: Lists the net total of all your current positions in that currency pair. It represents the amount of the currency in which lots are traded. For example, if you were long 300,000 AUD at one rate and sold 500,000 AUD at a different rate, your Net total would be –200,000 AUD.
Average Rate: The average rate of your open positions. Represents the rate at which you would have to close your position to end up flat.
Reval Rate: The current rate at which you could close out your position. If you are long, the system uses the current bid rate (and vice versa) to determine your unrealized gain/loss and P&L.
P/L ($): The profit or loss in USD that you would realize if you closed your position now, at the rate currently available.
Limit: If you have a limit order placed,the rate at which your order will be filled is indicated in this column.
Stop: If you have a stop loss order placed, the rate at which your order will be filled is indicated in this column.
PO: The PO button allows customers to enter, modify, or cancel Position Orders. Position Orders are orders that are "linked" to a position.
SQR Button: Gives clients the ability to exit a position with greater ease. Pressing the SQR button automatically executes an offsetting trade to close out the entire open position in a specific currency pair. If the trade is successful, the Net column will show 0, and the deal will appear in the Deal Blotter. To confirm all trade details, check the Activity Log. Squaring or closing out a position will automatically cancel a corresponding Position Order.
**IMPORTANT – Squaring or closing a position will automatically cancel a corresponding Position Order. All other orders remain open until they are triggered or manually cancelled.
The position management window is user configurable. To rearrange the column order, click and drag the header right or left until it shifts. To adjust the column width, hold the cursor over the cell dividing line to get a double arrow. Click and drag right or left to adjust width. Click on a column heading to sort the rows by that category.
NEXT: Order Management

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