How to close a position on a hedging account?

Created at 27 Apr 2017, 13:49
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drusi

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Joined 27.04.2017

How to close a position on a hedging account?
27 Apr 2017, 13:49

Hi,

I've seens comments here about the cTrader FIX API support for hedging accounts but I cannot see anywhere on the documentation how it's suposed to close a trade on such type of account.

Doing reverse operation to close only works on netting and just opens a new position on hedging ones.

So, how to do it?

Cheers.

@drusi
Replies

Spotware
27 Apr 2017, 14:31

Hi drusi,

Closing a position works the same way for both hedging and netting accounts with the only difference being that for hedging accounts you need to set in tag 721 the position id you would like your order to be placed. If tag 721 is not set then a new position will open.

@Spotware
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