Mark to market
Calculations of daily cash settlement for stock and index futures.
Participants, agreements, accounts, instrument. Master data is designed to be generic and is easy extendible to model new types of participants with different roles, accounts of different types, and agreements that defines relationships and relevant information.
Cash settlement for derivatives and securities lending includes mark to market, option premium,trading and clearing fees, forward profit/loss, cash settlement on exercised options and interest on securities loan.
Netting, creation of settlement instructions, routing of settlement instructions, partials.