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On this page
  • This section contains
  • How to Place an Order
  • How to Square Off Positions

Orders

Click any security in the watchlist to initiate a buy/sell order

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Last updated 4 months ago

This section contains

  1. How to

  2. How to

How to Place an Order

To place buy/sell order using the Flip Web, follow these steps:

  • Choose the desired "Watchlist".

  • Locate and Right Click on the Symbol or click on the "Three Green Dot" Icon that appears when you hover over a Symbol.

  • A "Select Box" with multiple option will appear.

  • Click the "Buy/Sell" option.

  • The "Order Placement Window" will pop-up.

  • Choose/ enter the "Exchange", "Order Type", "Quantity", "Price", "Product Type", and "Time Condition".

  • Next, click the "Review Order" Button.

  • The "Order Confirmation" Page will be displayed, where you can re-check the details of your order.

  • Once you enter the 'Quantity' and 'Order Type', you can see the 'Required Margin' at the bottom of the order placement window.

  • Click on the 'Charges' button, given right next to the 'Required Margin' button, to view the detailed traded value, brokerage, taxes, and other charges.

  • If you do not wish to continue placing the order, Click the "Cancel" Button.

  • After confirmation, click the "Place Order" Button at the bottom of the page.

  • You will receive a Confirmation Message with the status of your Order Placement.

How to Square Off Positions

"Square Off" is the process of closing your existing Position in the market, by taking an opposite Position.

This can be done from your Portfolio:

  • You can "Square Off" an Open Trading Position from the Positions section.

  • You can "Square Off" investments from the Holdings section.

To square off an Order, follow these steps:

  • Go to the "Portfolio" page.

  • Select the "Holdings" or "Positions" tab depending on which position you want to exit.

  • A "Select Box" with multiple options appears.

  • Click on the "Square Off" option from the "Select Box".

  • The "Order Placement" Page will open with the appropriate "Order Type" (Buy/Sell) and "Quantity" pre-filled based on your Current Position.

  • Other order details such as "Exchange", "Order Type", and "Time Condition" can be changed as needed.

  • Once you have entered all the details, click on the "Review Order" Button to re-check the details of your Order.

  • After confirmation, click on the "Place Order" Button at the bottom of the page.

  • You will receive a Confirmation Message with the status of your Order Placement.

  • The trade will be executed in the market, and your Position will be "Squared Off".

Please Note: Squaring Off is typically done to realise any profit or loss on a Position.

"Right Click" on the symbol or click on the "Three Green Dot" Icon that appears when you hover over a symbol.

Place an Order
Square Off Position