Broker Square Off

rekharani4610
When broker square off is initiated for MIS positions close to market close, does the resulting orders carry any special status by means of which we can identify that this is broker action ?

Can this logically happen at any other time during normal market hours ? ( broker firing orders to close my running positions ?)
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  • rakeshr
    When broker square off is initiated for MIS positions close to market close, does the resulting orders carry any special status by means of which we can identify that this is broker action ?
    Yes, placed_by field in orderbook for such orders will mention ADMINSQF. Eg: "placed_by": "ADMINSQF",...
    Can this logically happen at any other time during normal market hours ? ( broker firing orders to close my running positions ?)
    Yes, go through this article.
  • rekharani4610
    thanks a lot.
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