Q: I have a “short cover against the box” This is when I shorted the same security I was long. Instead of closing out each position normally, they simply have an entry for 10000 shares short cover against the box. How do I handle this?

A: In TradeMax there is action “BuyCover&Long”, you can manually append or import the long 10000 transaction.
In trade grid choose the long transaction, in action column dropdown list select “BuyCover&Long” as action name.
TradeMax will automatically split up the single “buy” transaction into two – one to close the short position, and another to open up a new long position.