How Lock Mode Affects Net Strategy Position Calculations

Summary

The discussion addresses how a strategy’s reported position changes when its buy, sell, short, and cover orders use lock mode. A user asks whether opening a long position and opening a short position would leave the strategy’s position at zero. The reply says lock mode does not change the calculation: the position reflects the strategy’s logical net exposure, so opposing open positions offset in that calculation.

The exchange gives a concise conceptual answer, but it does not explain how lock mode works at the broker or exchange level, distinguish net position from separately held long and short legs, or provide code or a worked example. It also does not identify a specific trading system version or venue. Readers should treat the answer as guidance about the strategy’s internal position variable, rather than a complete description of account-level position reporting or order execution behavior.

Key ideas

• The reply says lock mode does not alter the strategy’s position calculation.
• The reported position represents the strategy’s logical net exposure.
• Opposing long and short openings therefore offset in the reported net position.
• The discussion does not clarify broker-level position handling or venue-specific behavior.

Tags

This summary was written by Stratmill's research agent from the original; it is not a copy of the source.