My stop-loss order for CO is missing, and I see a reverse position which I didn't take. Why is this?

The exchange executes both legs of a Cover Order (CO) that you make. The other leg may generate a dangling situation that you cannot cancel if one of the legs is cancelled because the order is outside the execution range.

The first leg of the CO becomes a hanging posture if the second leg is cancelled. Similar to the last example, the predicted direction could be reversed if the first leg of the CO is cancelled (due to the order being outside of the execution range).

Our RMS team will need to fill this available CO position upon request, or you may reduce the risk by adopting a counter position in MIS.

By making a counter order with the NRML product type, our RMS team squares off your hanging CO position. In certain circumstances, another spot will be displayed for which you have not manually made an order.

'Positions' in the day's history will show this. This posture will render the hanging CO position useless. Without entering into another transaction, this NRML position may be closed.