In this article we explain how to:
- Close or reduce a position in SaxoTraderGO and SaxoTraderPRO
- Close or reduce a position in SaxoInvestor*
- Close a position by placing an opposite trade
Close or reduce a position in SaxoTraderGO and SaxoTraderPRO
- From the Trading area go to Positions
- Click Close on the position you want to close.
- Click Close Position
- To close part of the position, first, click on the minus sign to reduce the quantity, then click Reduce Position
Close or reduce a position in SaxoInvestor*
- From the Portfolio area go to Overview
- Under Positions click Sell on the position you want to close.
- Select the quantity you want Sell.
- To close, the quantity you Sell has to match the quantity you bought.
- To reduce, just select part of that quantity.
- Finally, click Sell.
Close a position by placing an opposite trade
Note: From 16 December 2024, only Real-time / Intraday Netting will be available to clients of Saxo Capital Markets (Australia). This will mean the features described below regarding force open will not be available from 16 December 2024.
Another method to close or reduce a position is by opening a new position in the opposite direction.
Opposite positions will be netted out at the end of the day unless:
- They are opened from different (sub) accounts.
- or if the position is not available for netting due to force open/related orders.
Please read more about Position netting.