Entering opposite position instead of settling position

Hello Ladies & Gents,

I am trying to figure out why investors/traders would rather enter an opposite position instead of settling the one they have with a broker-dealer/IB (apart form the pricing of course)?

Say the investor entered into a VarSwap/OTC option with an IB and instead of settling the trade at T with said IB they would enter into a trade in the opposite direction with anotehr IDB/IB.

Any one has some experience to share?

Thanks & regards Bondy

280 WSO Academy Sales & Trading Session Reviews: 4.85/5

Class of '28 Aug 2026 Cohort

5.00/5

Sales & Trading Career Roadmap (optional)

“John listened before giving advice. I told him I had accepted an offer at Bank of America but was still interested in JLL and Wellington. Instead of telling me what to do, he asked what I wanted from my career and helped me think about which path would give me more options. I also liked that he was honest about what he knew and didn’t know. He gave me a clear reason to keep working toward JLL, while reminding me that Bank of America was still a good place to start. When I practiced my interview answer, he told me what worked and gave me one simple way to improve it. That made the feedback easy to use. Most of all, John made me feel less stressed about figuring everything out right now. He offered to help with a mock interview too, which meant a lot to me. ”

Class of '28 Apr 2026 Cohort

5.00/5

Sales & Trading Mock Interview

“The mentor provided extremely detailed and thoughtful feedback throughout our session. What I appreciated most was that the advice was not generic. He took the time to understand my background, past experiences, and the specific roles I am currently recruiting for, and then tailored his suggestions accordingly. He also connected many of his recommendations to his own professional background and experiences, which made the feedback much more practical and credible. Instead of simply telling me what to change, he explained why certain answers or approaches would be more effective and how an interviewer might interpret them. He also shared specific examples from his own experience to illustrate his points. I came away from the session with a much clearer understanding of both my strengths and the areas I should improve, as well as several concrete ways to strengthen my interview preparation. Overall, the session was extremely helpful, personalized, and actionable, and I would definitely work with him again.”

See All 11,141 WSO Academy Reviews

1 Comments

WSO Monkey Bot

O

7y

Accusamus explicabo porro ab nobis molestias quaerat. Consequatur ea totam sequi modi qui doloribus saepe. Et voluptatum sit placeat rerum ad atque assumenda sit.

Eum illum sed tempora. Vitae aut perferendis commodi maiores. Assumenda veniam voluptas nostrum nisi dolorem libero explicabo. Quas qui reiciendis repellendus sed accusantium nam.

Est aut aut autem molestias optio dolor quasi quis. Earum optio doloremque sit id quae aliquid tenetur. Voluptate qui necessitatibus enim asperiores.

+12	Rates Vol TA -> FO Macro Sales?	2	1d
+9	Moving from Electronic Trading Coverage to a Risk-Taking Seat?	1	6d
+9	corp derivs sales in Canada - good seat or dead end?	2	23h
+9	Dubai trading desk to NYC?	2	15h
+6	Sales and Trading Recruitment for Summer 2028	3	2d
+3	Build a More Disciplined Approach to RWA Investing 📊	1	20h
+3	Invest smarter. Execute better. Build wealth.	1	23h
+3	I am an agri commodity trader in a top firm, ask me anything.	2	15h

1	redever	99.2
2	kanon	99.0
3	Secyh62	99.0
4	BankonBanking	99.0
5	dosk17	98.9
6	GameTheory	98.9
7	DrApeman	98.9
8	Betsy Massar	98.9
9	CompBanker	98.9
10	numi	98.8

Elite Career Bootcamp. Top Job Offer Guaranteed.

Elite Career Bootcamp. Top Job Offer Guaranteed.

Entering opposite position instead of settling position

Score Breakdown

Feedback

Score Breakdown

Feedback

Elite Career Bootcamp. Top Job Offer Guaranteed.

Elite Career Bootcamp. Top Job Offer Guaranteed.

Entering opposite position instead of settling position

See All Comments - 100% Free

Trending Content - Sales and Trading Forum