Overview
To create a new unhedged contract a new transaction has to be made manually first. Its also useful to be able to make a new transactions manually in order to do a customized contract. A new created transactions will appear in the transactions grid just like transactions received from KODIAK Oms.
Get Strarted
Above the transactions grid press the New button to bring up the New Transaction window.
The New Transactions Window
Definitions
| Field | Description |
|---|---|
| Customer | The customer the contract shall belong to |
Symbol | The symbol of the underlying instrument. |
Side | The side of the trade. Buy will create a long contract. Sell will create a short contract. |
Price/Clean Price | Depending on the underlying asset type. Price if equity and Clean Price if bond. |
Dirty Price | If the underlying asset is a bond the Dirty Price field will be visible. Dirty price is calculated from the Clean Price using KODIAK Bonds Calculator |
Start Price | This is the price of the contract. It includes the Price/Dirty Price + execution fee + other fee |
Quantity | Number of shares being bought or sold |
Maturity Date | The date the contract will expire. |
Trade Date | The date of the trade. |
Settlement Date | The date when the trade is settled (T+1 for bonds or T+3 if equity) |
Execution + Other Fee bp | Execution fee is the fee that the broker charges for the trade. Other fee is typically a back office fee. |
| Comment | A small comment to leave to describe the purpose of the transaction |