Flattening Tool
The Flattening Tool can be used to flatten positions by market region, asset class, office, and trader. It sends an order to immediately close out one or more positions.
- Note: Flattening is only available for manager accounts. Traders can flatten their own positions from Summary.
- Note: The pre-market and after-market hours have special rules.
1. Click the red Flattening button.
2. The Flattening Tool appears.
Columns:
- CltTime: Client Time
- SrvTm: Server Time
- St: Script State
- Id: Script ID
- Type: Script Type
- Desc: Script Description
- Info: Script Information
- OffId: Script Office ID
3. Select a region/asset class from the Region-Asset menu.
4. Select an office ID from the Office menu.
5. Select a trader ID from the Trader menu.
6. Click the Flatten Selected button.
Note: there is no need to select any rows to Flatten them.
Note: the Flattening Tool will flatten all positions for the selected layer. Then, it will display the flattening orders sent and their results. To flatten individual positions, use the Flatten button in the Summary Window instead.
7. The active layer gets flattened.
8. You can click the Cancel button to cancel the flattening order before it reaches the market.