4.22 Reversing Trade
You can perform reversal of a trade by clicking the reversal button in the Trade Online screen.
During trade reversal either of the following actions takes place.
- If trade settlement has not happened, the trade cancellation event updates the unsettled position and the PnL created due to the current trade. Reversal of the trade happens subsequently.
- If trade settlement has happened, the trade cancellation event updates the unsettled position and the PnL created due to the current trade followed by settlement reversal and trade reversal events. Reversal of the trade happens subsequently.
Parent topic: Processing an SLT Contract