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The window will show details about the selected transaction and give options to change parameters for the new forward contract.
Definitions
Field | Description |
Customer Details | Customer information grouped together |
Customer | The name of the customer. |
| Transaction Comment | If the trader wrote a comment regarding the trade it will show here |
Trade Details | Trade details grouped together. |
Side | The customer side of the trade. Buy will create a long contract. Sell will create a short contract. |
Symbol | The ticker symbol of the underlying instrument. |
Quantity | Number of shares being bought or sold. |
Trade Date | The creation date of the trade. |
Start Settlement Date | The value date when the trade becomes active underlying instrument from the trade gets delivered (T+1 for bonds or T+3 for equity) |
Clean Price | The quote price on the market. This is the price that the asset gets traded on. |
Dirty Price | Dirty price is clean price plus accrued interest on the settlement date. |
Trade Fees | These are the total fees on the trade, its the sum of Execution fee (broker fee) and Other fee (typically a back office fee) |
Start Price | The initial spot price on the forward contract. For bonds this is the Dirty Price + Fees and for equity this is Price + Fees |
Trade Amount | The transaction underlying traded value. Trade Start Price * Quantity |
Forward Contract Details | Forward contract details grouped together. |
Creation date | The date when the contract is created. |
Maturity Date | The date the contract will expire. |
Final Interest Date | The next bank day or the settlement date after the contract expires (T+1 for bonds or T+3 for equity). |
Opening Fee | Is a fee that the bank charges for creating the contract. |
Start Price | The initial spot price on the forward contract. For bonds this is the Dirty Price + Fees and for equity this is Price + Fees |
Contract Amount | The contract underlying value is: Quantity * Start Price |
Interest (%) | The interest % is the interest amount of the contract that will determine the Forward Price |
Interest Fee bp | Interest Fee is added to the Interest Rate. Usually what the bank charges the customer for the loan. |
Forward Interest (%) | Forwards interest = Interest + Interest Fee. |
Collateral Margin | The % of collateral margin if any. |
Forward Price | The Start Price + the interest from the Start date until the final interest date. |
Forward Amount | The underlying forward value. The forward price * Quantity |
OK/Cancel | OK to create new contract / Cancel to cancel the action |
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