Market Intelligence › Basic Terminologies
Closing the position: Sell long or buy back short.
Published by The Retail Trader · JUL 31, 2026 · Order Flow
Square Off — Closing a position: selling long or buying back short.
This term comes under Order Flow, in the section "PRODUCT, MARGIN and POSITION". Along with the order it has to be decided in what form the position is to be held:
Other terms in this group — understanding them together is more useful:
• MIS (Intraday)
• CNC (Delivery)
• NRML
• Margin
• Leverage
• Auto Square-Off
• Short Selling
• Open Position
• MTM (Mark to Market)
• Averaging
• Carry Forward
To read the entire group and all its examples in one place, see the journal "ORDER FLOW: FROM ORDER TO EXECUTION" - this term is taken from there.
This entry is for educational purposes only and is not a recommendation to buy or sell. Exchanges change charges, margins, lot sizes and expiry rules from time to time, so verify any figures with your broker or exchange.