Comment on Commonly Used Jargons

Karthik Rangappa commented on 05 Oct 2017, 10:28 AM

If you buy a stock, then square off means you sell the stock to close the position.
If you short a futures contract, then square off means you buy back the futures to close the position.
In general, an action which will close an existing position in the market is referred to as square off.

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