Futures & Options
For organisations trading financial products, ITAS CTRM offers the complete trading functionality from inception to maturity of the trade.
The Futures and Options Module is a comprehensive commission house package for recording and processing of new trades, amendments, deletions, market/settlement prices for revaluation, expected margin calls, exercise, abandonment, broker imports and settlements.
The ITAS Futures and Options Module can be a stand-alone or fully integrated solution, examples of its features are:
  • Integrated link to the physical trading contracts for hedging purposes, allowing the entry of internal trades with the option of including commissions.
  • Standard links to external third party terminal feed e.g. Bloomberg for real-time market and settlement prices, eliminating concern for on current and stable source of current market or settlement prices for revaluation and margining.
  • Standard portfolio risk analysis (“SPAN”) of data from different exchanges, generating reports while applying exchange SPAN data or closing price to inform the user of expected reports while applying exchange SPAN data or closing price to inform the user of expected margin calls on their positions.
  • Automated recap of trade positions from broker in the form of a direct electronic transfer (B”B), which can also be to import data/execute reconciliation procedures. Exceptions will be automatically reported with full drill-down to trade details for the house broker side.
  • Give-ups facility for recording the trades that are given-up to another broker (single/multi) with commissions earned for the operating company.
  • Full regulatory reporting including equity.
  • Open position valuation.

 

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