Trade Management
The Position Manager screen that you used to enter the
Trade takes also care of amending trades.
Before you can amend a trade, you need to select it !
To select the trade to amend, you will need to load the Position (or Portfolio)
Display module.
The Position Display Module is designed so that
you can display all positions that are part of your Realm according to
different terms and conditions assigned to your trades.
The Position or Portfolio View screen lists trades according to the "selection
criteria" you have chosen.
You then click on the Trade you want to process so that it appears in the right hand pane.
Once the Trade is displayed, you can select the operation you want to
perform by clicking on the toolbar in the upper right hand side window.
If you want to amend the trade, click on "Edit".
If you want to delete the trade, select "Delete"
If you want to copy the trade, select copy, .etc
The position Viewer module, displays positions in your portfolio, or sub-portfolios according to the criteria selected in the Criteria list box.
Once you select the criteria, all trades available in your realm will be sorted according to the type of criteria and displayed in as a tree like fashion in the left hand pane.
The first trade that matches the criteria is automatically displayed in the
detailed view.
To display the trade in the right hand pane, select the Trade identifier in
the trade list.
You can then select any trade in the left hand tree by clicking on the
name or folder icon to display all the details in the right hand window.
If you want to edit the trade, select the EDIT button on the top left menu
bar of the page.
If you want to delete the trade, select the DELETE button on the top left
menu bar of the page.
The advanced module provides the facility to order and select trades
according to the Tagged hierarchy you have defined in your tags.
The colors displayed can be changed to your own preferences by selecting
graph colors in the Default Settings section of the Trading Board.
If you want to quit the position viewer and return to the main screen.,
press on done.
This page will only appear when there are NO positions in your view.
This will only happens when:
You have just started using Risksvr and haven't entered any positions into
your portfolio.
You have deleted all the positions in View.
Your account has been idle for too much time. Due to the large amounts of
data required, we purge accounts that have showed NO activity for the past
month.
To enter positions, you must return to your
Trading Board.
Then select Position Menu. Alternatively, you can go directly to the
Position module by clicking on "Done".
Once you have entered your trade(s), click on the view Button to select the
criteria under which you would like to see your portfolio(s), position(s) or
trade(s).
First, load the trade entry screen.-
From the main Trading Board, click on Position.
The Trading Board is your first screen when you run Financial-Risk-Manager.
If you do not know where you are, click on Main in the upper Menu.
Every instrument has Mandatory and Optional field types.
Mandatory Fields are in red.
Optional fields are typed in white.
Fields can also have Rules. For example, If one field is entered, then another field is also needed!)You must therefore fill out all fields that are displayed in red.
(for further details, see below).
Entering your First Trade
Step 
In the position manager screen, Select from the list-box
This step is mandatory, you cannot proceed until you have selected the asset class.
Step 
The Asset listbox will be replaced with an product list Select the from Select the instrument from the Product listbox.
Optional Fields
Choose a Portfolio from the Listbox or Create a New Portfolio in the edit box.
Select a Tag or Create a New one if you want to slice and dice your results.
If you are analysing credit (Advanced), Select the Counterparty Account against which your trade will be assigned .
Depending on the asset class & instrument, select a Currency, Curve Equity or Commodity.
Enter the Rate, Yield, Coupon or Price. The Notional Amount.
Perhaps a Maturity or Expiration date (if any).
Step 
Click on
The Trade Ticket will Appear.
Step 
Press on Done to Continue or Click on TradingBoard to Run the Risk Analysis.
Date Input
1D: -> Tomorrow
1W: -> Next Week
1M: -> Next Month
1Y: -> Next Year
Or through the Date Picker
In some rare instances, you might get two or perhaps three fields that carry other colors. These are alternate fields: You can choose to select an item from a list or enter a specific value and or perhaps an another.(see below)
The Equity price and Beta fields are such fields. If a full history of the
stock has been defined and the stock ticker is available in the listbox,
neither field is required, but if it isn't you must select the stock index
to which it belongs, the Beta and it's last price so that the engine can
extract the risk without a full history of the stock's price.
Other examples might include dividend yield and dividend. If you provide
one, the other is not expected. You can also assume there are no dividends
and leave both fields blank.
Short-Cuts - Accepted Formats
Amounts can be entered as:
m(M) -> 1'000'00-=
k(K) -> 1'000.-
h(H)-> 100.-
7.254m(M) =7'254'000.-
3.3k(K) = 3'300.-
P(p)% -> Convert to Percent (/100).
BP-> Convert Basis Point (/10000).
or Absolute
Rates can be quoted in either absolute or percentage terms.
i.e. a Coupon of 5.5 % can be entered as
5.5 (for 5.5% coupon) or 0.055.
You can also type 5.5% or 5.5P(100%) to get 0.055. You can also type 55 BP
to get 0.055. to divide by 10'000.
Spreads are assumed quoted in BasisPoints
If you enter absolute values the engine will convert them automatically.
The Position Entry Screen is split into 2 parts
common Fields.
The Instrument Specific Fields.
The Common Fields This includes all the fields that are common to all trades:
-
The Portfolio Name,
-
The Positions Tag(s),
-
The Counterparty Name
-
Account Number (as one single field).
-
The Position Name,
-
Bought or Sold,
-
Liquidity Risk in number of days
-
zero interest
-
fx-hedge flags (depending on user level).
Account Number (as one single field). The Position Name, Bought or Sold, Liquidity Risk in number of days and perhaps zero interest and fx-hedge flags (depending on user level).
-
Non Qualified Penalties
The Portfolio, Tag, and Counterparty Fields are set to the user's default prreference values in the settings tab.
This means that if you do not fill in these fields they will automatically be assigned to your default terms and conditions.Portfolio Selection: The list box allows you to select existing portfolio names. You can create a new portfolio name on-the-fly by typing the name in the edit box.
Tag Selection: The list box allows you to select existing Tags. You can create a new tag on-the-fly hierarchy by typing the name in the edit box.
typical URL or Directories, Tag Hierarchies are defined with the / separator. Counterparty Account Number: The list box allows you to select existing Counterparty Account Pairs.You can create a new accounts or Counterparties in the credit Module.
Position Name: The Position Name is populated with the Full asset name combined with the trade number. This name is used to display trades in the position view screen. Change this name to any name that is relevant to you.
Buy-Sell. Purchase-Written This fields define the direction of the trade. You usually get into a position by buying the instrument.
The first exposure is said to be received since you "receive" the flows of the instrument. If you sell the instrument, then you will be paying the exposure. Long is equivalent to bought. Short is synonymous to Sell.
Options are assumed to be purchased (bought) or Written (Sold). Zero Interest The Zero interest Flag is used to disabled interest proceeds earned on the positions.
This feature disables cash-account activation. Fx-Hedge The position is assumed to be currency hedged. No currency risk is assumed, even if the positions is denominated in another currency that your base currency.