If cross market pricing has been configured, additional tabs will appear in the price edit box. The example below uses a White Premium configuration between Sugar #5 and NY Sugar #11. In it, Agiblocks shows the following tabs:
| 1. | Price: to price against Sugar #5 (the default pricing instrument) |
| 2. | Roll: to roll pricing periods within Sugar #5, either forward or backward |
| 3. | White Premium: to price the White Premium in order to roll the pricing instrument from Sugar #5 to NY Sugar #11. (The White Premium is fixed and will be added to the original premium.) |
| 4. | Price NY Sugar #11 White: it is also possible to fix the target rolling instrument first (e.g. NY Sugar #11 White); White Premium will then will become fixed. |
Effectively pricing the White Premium rolls the remaining pricing to NY Sugar #11 and vice versa - pricing the NY Sugar #11 rolls the remaining pricing to White Premium.
When pricing a White Premium you need to enter:
| • | The trade date (by default today, though the system allows selecting a few days back) |
| • | Which period in the NY Sugar #11 is used (by default the nearest period) |
| • | How many lots are involved (by default all lots that are still to be fixed) |
| • | The agreed White Premium price (no default value) |
After applying the NY Sugar #11 pricing the screen will end up like this:
Selecting the Still to be fixed line will bring up the White Premium entry dialog:
Once the White Premium part is priced (in a similar fashion) the subset becomes completely fixed:
