Steps:
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1. Set up Company Profile
Settings>Company>Company Profile
a. As the physical tradecontracts need to be linked to the Company Name, before you use the Physical Trades function, you may need to set up your company profile first (including parent and subsidiary company details).
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2. Bulk upload physical trades, please access Copy of Bulk Upload Physical Trades 现货合同 101
a. Please click on Trade, followed by Physical Trade from the navigation sidebar on the left to enter the physical trade page,
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Credit Term : Terms of credit
Payment Term: Terms of payment
Days: No. of days for Payment Term
biv. Other Details
Incoterm : INCO term
Port/WH Name : Port/Warehouse name
Laycan Period: Laycan period, consisting of start and end date
Shipping Month/Year：Shipping month and shipping year
Laytime (Hours): Laytime in hours
Ext: Extension in hours
Demurrage: Demurrage fee
Law/Arb: Law/Arbitrary details
Inspection: Inspection details
Q+Q: Quantity and quality details
Delivery Rule: Delivery rules
GT&C: General terms and conditions
Remarks: Remarks
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MTM (Potential) Pricing is to price for inventory so if benchmark pricing is Buy, MTM pricing will be Sell to close the positions
Every deal’s MTM (Potential) Pricing will be the same.
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Step 1：If there is tax rate, please input under Tax Rate (%), for example if tax rate is 13%, please input 13. If there is no tax rate, you may leave it empty. You may enter this page anytime to input/edit the tax rate, and the system will automatically calculate the P/L accordingly.
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Step 3：Please select your Pricing Mode
Definition: Benchmark/MTM Pricing Page - Description: (Only fields with * sign is compulsory; fields with ^ means that once you have selected the pricing mode, the relevant fields will be updated accordingly)
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Summary： |
Fixed refers to fixed price. WMA represents the floating price of futures products, which follows the price change of the futures contract. WMA represents the floating price of forward products, which follows the price change of the forward contract. Spot is also a floating price, but it corresponds to the daily spot index price, and there is no futures contract. Depending on the structure of the contract, you can determine if it belongs to Float, WMA or Spot. If the Product Group is Iron Ore, you may select Formula to calculate the pricing. |
All paper and physical trades pricing logic is as follows: To determine which Pricing Mode to use, you may double click on the MAF Product ID/Product field to determine the "Product Type" (forward/futures/spot/forex）:
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d. Once done, please click on the Next button at the bottom right corner of the page to view the summary page, followed by Submit to save your data. Once the data has been saved successfully, they will appear in the Physical Trade table.
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In the Trades>Physical Trades>Trades tab, there are 2 tables, the top table will display all physical trades data, whereas the bottom table will display all trade execution data of the physical trades
In this page, besides bulk uploading your physical trades, you may also click on the + New Trade button to manually input physical trades data or access other functions. Please refer to Managing Physical Tradesto learn more.
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The model/report you have just created will be displayed as empty at the beginning, which requires you to set up the details by clicking on the Settings (gear icon) button at the top right corner of the app.
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c. Most Dashboard Models/Reports have similar steps. You may choose to select individual or multiple portfolios to be calculated and displayed. Please confirm other details in the Settings page before clicking Submit to proceed. You may edit the details anytime as necessary.
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