Trade Termination
FinPricing offers:
Four user interfaces:
- Data API.
- Excel Add-ins.
- Model Analytic API.
- GUI APP.
Trade Termination
A trade may be expired at maturity or terminated early. The early termination could be caused by a position sell or triggered by an early termination provision, such as auto call/cancel, knock-out, etc. Trade termination is the last stage of a trade life cycle.
How to terminate a trade manually?
- Click the BackOffice tab at the top-left corner of the application. Then, expend BackOffice -> Action -> Settlement.
- After that, you can either click the Load button to load an existing terminated trade for review or the New button to terminate a live trade.
- If you click the New button, a selection window pops up. Expend BackOffice -> Settlement -> Book (e.g., Interest Rate) and select a product (e.g., IrSwap). All the interest rate swap trades within this book are displayed in the main windows.
- Select a trade and click the Go button. A new trade termination template is shown in the main window. Fill all fields and click the Save button. The trade is terminated.
- If you click the Load button, a selection window pops up. Expend BackOffice -> Settlement -> Book (e.g., Interest Rate) -> Product (e.g., IrSwap). All the terminated interest rate swap trades within this book are displayed in the main windows
- Select a terminated trade and then click the Go button. The termination details of the trade are displayed in the main windows. You can modify the termination information and click the Save button to save all the changes.
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