List of Definitions: Trades
eThis page provides a list of definitions, for any table items related to 'Trades' that you may encounter in MAF Cloud. You can use Ctrl + F and key in keyword to find the definitions.
Paper & Physical Trades Main Page
Under 'Trade' in the navigation sidebar on the left, click 'Paper Trade' or 'Physical Trade'.
This table is also applicable to 'Trades' shown in Viewing Portfolio Details.
PAPER TRADES
PAPER TRADES & ALL TRADES TAB
Type | Description | Example |
|---|---|---|
Trade ID | Unique ID tagged to each trade, auto-generated by system | 123 |
Portfolio Name | Portfolio the trade is allocated to, if any | - |
Trade Date | Date on which trade was created | |
Link ID | If the trade was created from a Grouping procedure, it will have a Link ID for that Group (Please refer to Managing Paper Trades for more information). | 25 |
Category | Category of product | Copper |
Instrument | Type of financial instrument | Paper |
Exchange | Exchange which the product is traded in | ICEUS |
Product Code | Product code of the product | - |
Product Name | Name of product | Sugar |
MAF Product ID | Exchange and Contract Code (separated by "/") | ICEUS/KC |
Buy/Sell | Buying or selling | Buy |
Size | Number of units (eg. lots) of product traded | 2 |
Trade Type |
| Hedge |
Valuation Date | Date of maturity (for "Forward" trade contracts) | 2019-04-30 |
Contract Month | Month of contract (for "Futures" product type) | July |
Contract Year | Year of contract (for "Futures" product type) | 2019 |
Price | Price at which the trade was made | 97.9 |
Trade Value | Trade amount (price * quantity) | 10,000 |
Currency | Currency of the trade | USD |
Account | Account of trade contract | J000996A |
Trader | Name of trader | Trader 1 |
Broker | Name of broker | CIMB |
Link Physical Trade | If the paper trade is related to one of the user's physical trades (eg. if the paper trade is a hedge for a physical trade), he/she may choose to link them by inserting the physical trade's ID here for easier reference. | t5437 |
System No. | Trade number auto-generated by system | - |
Remarks | Any additional comments | - |
Commission | Commission paid by user to the broker | 12.3 |
Commission Currency | Currency in which commission is paid | USD |
AUTO TRADES CAPTURE TAB
Type | Description | Example |
|---|---|---|
Broker | Name of broker | CIMB |
Account | Name of account with Broker | 123456 |
Portfolio Name | Name of portfolio (in MAF Cloud) to capture and store the paper trades data from the email via STP (select from drop-down list) | ABC |
Portfolio ID | Unique Portfolio ID tagged to each portfolio, auto-generated by system | 450 |
Password | Password to open the excel spreadsheet in your email, if any | abc123 |
PHYSICAL TRADES
TRADES TAB
CREATE & VIEW PHYSICAL TRADES
Type | Description | Example |
|---|---|---|
General Information | ||
Trade ID | Unique Trade ID tagged to each trade, auto-generated by system | 528 |
Deal ID | Unique Deal ID tagged to each portfolio, auto-generated by system | 390 |
Deal No. | Deal number of the trade | MAF2001 |
Contract No. | Contract number of the trade | 545 |
Contract Type | Spot: Buying or selling a commodity for immediate settlement on the spot date, which is normally two business days after the trade date Term: Buying or selling a commodity for settlement at a specified time in the future. | Spot |
Trader | Name of trader | Max |
Counterparty Ref No. | Counterparty reference number | REF-2001 |
Term Contract Details | ||
Term Contract No. | Contract number for the term trade. Once you input "TERM NO." in 'Term Details' table, you can select your 'Term Contract No.' from the drop-down list. | 520 |
Term Contract ID | Each trade has a unique Term Contract ID, auto generated by system once you selected the Term Contract No. | 392 |
Entity of Contract | Company name (whom the contract belongs to) | Samsung |
Purchase/Sale | Purchase: Buy Sale: Sell | Purchase |
CounterParty | Party at the other side of the trade | Sony |
Product | Type of product that is being traded | Aluminium |
Specification | Specify the brand, type, etc | 3003 |
Unit | Unit of trade | Kilogram |
Total Qty | Total quantity available | 5000 |
Traded Qty | Quantity that was traded | 4500 |
Trade Details | ||
Trade Date | Date of trade, today's date is the default value | Oct 1, 2020 |
Entity of Contract | Company name (whom the contract belongs to) | Shell |
Purchase/Sale | Purchase: Buy Sale: Sell | |
Counterparty | Party at the other side of the trade | Sony |
Trade No. | Contract number for the trade | 437 |
Product | Type of product that is traded | Petroleum |
Specification | Specify the brand, type, etc | Gasoline |
Quantity + Tolerance | Quantity that is being traded and the tolerance for it (+/- value) | 100, 1% |
Range | Range of the quantity, given the percentage of tolerance | 99 - 101 |
Unit | Unit of trade | Kilogram |
Option | ||
Pricing Description | Any other additional pricing information | - |
Unit Conversion | Option to convert from one unit to another | Metric ton to kilogram |
Conversion Factor | A multiplier to convert from one unit to another | 1000 |
To Unit | The desired unit you wish for the original unit to be converted to | Kilogram |
Converted Unit | Updated converted amount of the desired unit | 1,000,000 |
Payment Details | ||
Settlement Currency | Currency used to settle the trade | USD |
Credit Term | Terms which indicate when payment is due for sales made on account (or credit) | 2/10 net 30 |
Payment Term | Terms of payment | TT |
Days | 3 | |
Other Details | ||
Incoterm | Pre-defined commercial terms that define the responsibilities of buyers and sellers for the sale of goods in international transactions | CIF |
Port/Country | Country/port at which trade is taking place | Nanjing/China |
Laycan Period | Earliest and latest time of laycan period at which laytime can commence, beyond which the charterer can opt to cancel the charter | 1 Nov to 2 Nov 2020 |
Shipping Month/Year | Shipping month and year | Jan-2021 |
Laytime (Hours) | Time given for the vessel to load/unload | 14 |
Ext | Extended hours, if any | 6 |
Demurrage | Payable charge if the owner of the ship fails to load/unload within given time frame | USD 75 |
GT&C | ||
Law/Arb | ||
Inspection | ||
Q+Q | ||
Remarks | Any additional comments | - |
Benchmark Index(es) | Use financial instrument(s) as an index to benchmark the pricing of your trades | - |
Premium/Discount | Set a premium or discount to your benchmark index/MTM | - |
MTM | Use financial instrument(s) as an index to mark-to-market the pricing of your trades | - |
Quantity | Quantity of your trade, auto-filled in when you input 'Quantity + Tolerance' in previous page | 2000 |
Outstanding Quantity | Outstanding quantity of trade which are un-settled (either no title transfer date or title transfer date is after today’s date) | 90 |
Converted Quantity | New converted quantity after applying 'Unit Conversion' tool | 2,000,000 |
Pricing Type: Fix | Price: Fixed price of your trade Currency: Currency of your trade, auto-filled in when you input 'Settlement Currency' in previous page | |