Mark to Market Data Definitions

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Note that the P&L Insight screen uses the same data definitions.

Most data fields are also available in the Excel download from both the Mark to Market and P&L Insight screens.

 

 

Column Name

 

Description

Mark to Market & P&L Insight Screen

Mark to Market and P&L Insight Details

Results per Contract

Absolute Lots

Absolute value of the Lots field.  This number can be found in the Risk tab of a physical contract.

X

X

 

Absolute Quantity

Absolute value of the contract delivery line quantity  shown in the selected Market to Market reporting unit of measure.

X

X

 

Allocation factor

Used to determine the proportional contribution of an asset to a purchase from like Forex and futures.

 

 

X

Asset ID

A unique ID for assets that does not change across snapshots.

 

X

 

Asset type

Asset type further defines the different types of assets. This can be futures or physical where the goods are awaiting delivery, floating where the goods are in transit or stock where the goods are in a warehouse. Assets types can be:

physicals ( physical, stock and floating assets), Future, Invoice, Option or OTC.

 

X

X

Basis

A metric for the financial offset of the asset compared to the market price, taking into account the price/premium of the contract and the cost, freight and the hedge price.  Basis can be found in the physical contract Risk tab.

 

X

 

Basis unit

Currency and unit of  the basis (same as the position).

 

X

 

C/P

Call/put indication of the traded option.

X

X

 

Commodity

The name of the commodity.  The commodity name is taken from a contract  line on a physical contract.  For a futures contract, the name is taken from the Futures master data.

X

X

X

Company

Internal company name

X

X

 

Contract

The Agiblocks number assigned to a physical contract.

 

X

X

Contract price

Actual / estimated price of the contract expressed in position currency and unit. For contracts that are not fully priced the non-priced portion is estimated using the price of the pricing instruments of the contract parts that are still to be fixed and the  premium for that part. This information can be seen on the Risk tab and the market data.

 

For ratio based contracts, a similar approach but only the ratios of the portions are used.

 

X

X

Contract ratio

Contract ratio for ratio based commodities, e.g. Cocoa. This info can be found in the physical contract Risk tab.

X

X

 

Contract settlement value

This equals the contract settlement price * contract delivery line quantity.

 

X

X

Contract value

This equals the contract price * contract delivery line quantity * -1.

 

 

 

Contract value

Contract value in the selected Market to Market reporting currency based on the latest market exchange rate.

 

X

X

Contract value currency

Currency of the position assigned to the contract delivery line.  This belongs together with Contract value as this is NOT the contract currency but the position currency.

 

X

X

Costs

Total value of the section Cost on the cost sheet of the asset (either from the contract or delivery). Each cost item is converted against the day rate.

X

X

X

Costs (all)

Total of all cost and freight for the asset, expressed in position currency.

 

X

X

Costs amount

Total amount of cost items over the whole quantity for Costs cost section type based on the latest market exchange rates.

 

X

 

Cost currency

Costs amount in position currency.

 

X

 

Costs unit

Currency and unit of  the costs (same as the position).

 

X

X

Counterparty

The name of the counterparty on the physical contract.

X

X

 

Delta

Option Delta

X

X

 

Exchange

Commodities exchange name for the valuation instrument.

X

X

X

Freight

Total value of the section Freight on the cost sheet of the asset (either from the contract or delivery). Each cost item is converted against the day rate.

 

X

 

Freight amount

Total amount of cost items over the whole quantity for Freight cost section type based on the latest market exchange rates.

 

X

 

Freight currency

Freight amount in position currency.

 

X

 

Freight unit

Currency and unit of  the freight (same as the position).

 

X

 

Futures

Futures instrument name used for valuation of the position. This name is taken from Futures master data.

X

X

X

Futures Period

This is the Mark to Market valuation month. For physical contracts, it is defined in the Risk tab of the contract. For futures, it is the same as a future's reporting period. For stock, it is the first open, non-expired futures period.  

X

X

 

Gamma

Option Gamma

X

X

 

Goods

Total value of the section Goods on the cost sheet of the asset (either from the delivery or inventory lot). Each cost item is converted against the day rate.   (So this means that the column is populated for the contracts that have a value in that section of the cost sheet.)   Note: This value will be 0 until a contract is fully priced (and the 100% button selected).

 

X

 

Goods amount

Total amount of cost items over the whole quantity for Goods cost section type based on the latest market exchange rates.

 

X

 

Goods currency

Goods amount in position currency.

 

X

 

Goods units

Currency and unit of  the goods (same as the position).

 

X

 

Hedge lots

This is lots * market ratio.

X

X

 

Hedge quantity

This is the quantity * market ratio.

X

X

 

Invoice asset

When assets from physical contracts become realized by delivering the priced goods to a buyer as per a specific date then:

•        at the date and time of that action, all the amounts associated with the prices and any costs that are at that moment budgeted or already invoiced are moved from unrealized P&L to realized P&L,  as per the realization date

 

When invoices with a different amount than the budget are posted for a later date than the realization date then:

•        at the date and time of that action, the amount for the difference between the invoice and the budget is added to realized P&L for that asset, as per the posting date

 

X

 

L/S

L=Long (purchase), S=Short (sales)

 

X

 

Lots

Quantity of the physical/stock asset converted to lots in the futures instrument used for valuation of the position. For futures, it is the number of lots traded. This number can be found in the Risk tab of a physical contract.

X

X

X

Market base price

Futures price for  the valuation month in the market data (shown in the original market unit).

 

X

X

Market currency

Market value currency (same as the position currency).

 

X

X

Market premium

Premium price as of the reporting month in the market data.

 

X

X

Market price

For positions valuated against futures: Market price= Market base price + Market premium.

 

For positions valuated against futures but with a ratio Market price = Market base price * (Market ratio + Ratio correction).

 

For positions not valuated against futures: Market price = Market premium.

 

X

X

Market price (in the reporting currency)

Market price in the select Market to Market reporting currency and unit of measure based on the latest market exchange rate.

X

X

X

Market price / unit

Currency and unit of  the market price (same as the position).

 

X

X

Market ratio

Market ratio for ratio based commodities, e.g. Cocoa. It is loaded from Market data based on contract reporting period.

X

X

 

Market value

This equals the Market price * contract delivery line quantity.

 

X

X

Market value (in the reporting currency)

Market value in the selected Market to Market reporting currency based on the latest market exchange rate.

 

X

 

New

This column contains the word "New" when the asset belongs to a trade that was entered in Agiblocks after the snapshot to which you are comparing was created. Otherwise it will be empty.

X

X

 

P&L

This equals Unrealized P&L + Realized P&L.

X

X

X

P&L Change

This equals the P&L (currency) - Previous P&L (currency). (Formerly known as P&L Swing)

X

X

 

P&L Compare

P&L from the previous snapshot of the same assets as of in the current snapshot.

X

X

 

P&L/Qty

This equals P&L (currency) / Absolute quantity.

 

X

 

Physical contract

The contract delivery line number on the contract.   The  specific line number is at the end of the number after the / character.

 

X

X

Physical quantity

Same number as quantity for physical contracts, zero for futures contracts. The purpose is to be able to separate physical position from overall position.

 

 

X

Portion

A portion number is a unique identification of any quantity portion of goods, either from contracts or from inventory. The number is constructed from the contract delivery line number from which the portion of goods were taken by appending numbers after a "/".

 

X

 

Position

The name of the position to which the asset was assigned, which can be a physical contract, future or stock.

X

X

X

Position price

Settlement price in position currency and unit.

 

X

 

Position profit and loss

P&L in position currency.

 

X

X

Position profit and loss per unit

P&L per unit in position currency and unit.

 

X

 

Position unit

Currency and unit of the position price.

 

X

 

Premium

Contract premium as defined on the contract Risk tab.

X

X

 

Premium unit

Currency and unit of the premium as entered on the contract.

 

X

 

Price

For Futures contracts, this is the traded price.

 

For Physical contracts, this is the   contract price for the priced part of the asset. This  value is 0 if the contract is not yet priced.

X

X

X

Price / unit

The currency and unit of the contract price.

 

 

X

Price unit

The currency and unit of the contract price.

 

X

 

Priced %

% of the contract delivery line quantity that has been priced.

 

X

X

Purchase contract

Purchase contract to which the asset is linked.

 

X

X

Quantity

contract delivery line quantity in the selected Mark to Market reporting unit of measure. For futures, it is the quantity converted from the number of lots.

X

X

X

Ratio correction

Contract-specific (per delivery line) correction of the market ratio, this info can be found in the contract Risk tab.

 

X

 

Realized

Date of P&L realization for the asset.  Not this date is not necessarily the same as the date on which the realization was recorded in the administration, e.g. execution dates are often in the past.

 

X

X

Realized P&L

P&L after a physical contract is fully priced and sold and delivered or a futures contract is expired or a Forex contract is matured.

 

 

X

Realized P&L Change

Shows the change between two snapshot values of realized P&L

X

X

 

Realized P&L Compare

Realized P&L from the previous snapshot of the same assets as of in the current snapshot.

X

X

 

Reporting period

Represents the expected time frame of realization / delivery. For physical contracts, this time frame is created on a new contract from the date entered in the Delivery period.  For futures this time frame is the same as the futures period. This reporting period date may be edited on the Contract Risk tab.

 

If a contract still has undelivered goods in a reporting period that is being closed, Agiblocks automatically rolls the reporting date forward to the next open month.

X

X

X

Roll premium

Position rolling costs that is included in the basis calculation, which is taken from the Risk tab of a physical contract.

X

X

 

Roll premium unit

Currency and unit of the roll premium (same as the position).

 

X

 

Settlement price

Final contract price in its own currency.

 

X

X

Snapshot

Date that the snapshot was taken.

 

X

 

Status

Contract execution status including: Open, Reserved, Preparing, Delivering, Sold (if to Sales), Stored (if to Inventory) and Delivered. This same info can be found in the Risk tab of a physical contract.

 

X

X

Strike price

The price at which the owner of the Option can buy or sell futures.

 

X

 

Surcharge

Total of surcharges added to a contract during pricing.

 

X

 

Surcharge Unit

Unit of measure for the Surcharge cost.

 

X

 

Theta

Option Theta

 

X

 

Unrealized P&L

P&L before a physical contract is fully priced and sold and delivered or a futures contract is not yet expired or a Forex contract is not yet matured.

X

X

X

Unrealized P&L Change

Shows the change between two snapshot values of unrealized P&L.

X

X

 

Unrealized P&L Compare

Unrealized P&L from the previous snapshot of the same assets as of in the current snapshot.

X

X

 

Value/Qty

This is the contract value / contract delivery line quantity.

 

X

 

Vega

Option Vega

X

X

 

Volatility

A statistical metric for the amount of price changes in any asset including futures and options. Typically high volatility makes options more expensive (meaning their price goes up).

X

X