Repos / Reverse Repos

The Repo Front End Trading System supports fast, simple trader input of both single currency and complex multi-currency trades.

The system covers all the major repo types:

Buy / Sell Back
"European Style"
"US Style"
Callable
Fixed and Variable Rate

The trade entry screens allow the trader to input multiple "what-if" variations of a trade and to to view the impact of a trade on P&L and position prior to final execution. Theoretical repo rates are calculated based upon the trader's input of relevant trade parameters such as price and maturity. Built-in mathematical formulas automatically calculate accrued and total interest for each trade. When multi-currency trades are entered, the system will automatically generate repo rates and calculate monies in the other currency.

The extensive Information System and Reports functions give management and traders the capability to make real time on-line inquiries. Context sensitive help is available throughout.

Highlights

Automatic Price Calculations
What-If Scenario Calculations
Industry-Standard Interest Accruals
Repo Interest Methods Defaulted by Currency
Real Time Positions (Books)
All Instruments Handled
Handling of Spread
Ability to Override Prices / Use Benchmark Prices
Ability to Fix FX on Deal
Ability to Enter Opening Amount to Determine Nominal
Cancellations / Reversing Accounting Entries
Settlement Date Defaults
Formats Compatible with Euroclear / Cedel / Kassenverein
Both Internal and External Ex-Interest Rules
Profit & Loss in Security, Payment and Base Currencies
Trades Handled Across Coupon Payment Periods