Orders

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

This section contains:

1. How to Place an Order?

2. How to Square Off an Order?

1. How to Place an Order

To place Buy or Sell orders using the FLIP App, follow these steps:

• Click the "Watchlist" Icon to open the Watchlist page.
• Click the name of the "Current Watchlist"/ "Green Arrow" Icon at the top left-hand side to go to "All Watchlist".
• Select the desired Watchlist.

• Tap any symbol to open the Security Page.

• Click the "Buy/Sell" Button.

• You will be redirected to the Order Placement Page.

• 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.

• 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.

• There are "Repeat Order", "Open Order", and "Go to Position" Buttons .

  • Use "Repeat Order" to repeat the same order.

  • Use "Go to Position” to go to the "Positions" tab in your Portfolio.

  • Use "Open Order" to go to your Open Order Book

2. How to Square Off Positions?

"Squaring 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:

• Click on the "Portfolio" Icon to open the page.
• Select the "Holdings" or "Positions" tab depending on which position you want to exit.

• Select the desired Position.

• This will open a Position Summary including details such as the "Current Market Price", your "Average Rate", and "Profit/Loss" on the Position.

• Click on the "Square Off" Button at the bottom of the page.

• The Order Placement Page will open with the appropriate Order Type (buy or sell) and Quantity pre-filled based on your Current Position.

• Other Order details such as the "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 realize any profit or loss on a Position.