|
The following definitions will clarify what happens to data displayed by risk related modules (Mark to Market, Position, Realized P&L and Unrealized P&L).
| 1. | Any asset is either realized or unrealized. |
| 2. | All unrealized assets are shown in Unrealized P&L, in Mark to Market and in Position. |
| 3. | Any (part of a) physical contract can only move to Realized P&L when its goods are sold in the sense of being delivered, having a sales price and having a purchase price. |
| o | A (part of a) contract is treated as delivered when the sales delivery was executed and the delivery date is known. |
| o | A (part of a) contract is treated as priced once assigned to a Full Pricing, and the priced-date is the date of the last pricing that it uses. |
| o | A contract is also treated as priced when it was entered as Priced type of contract, and there is no priced date. |
| o | The realization date, is the last date of the delivery date and the pricing-dates of the purchase and sale. |
| 4. | Assets move from unrealized to realized when the realization date is today or earlier. However futures are always added to the balance 1 day later. |
Note: The definition of "Today" is based on the date of the Agiblocks system (server time zone and time).
|