Replication of the same models used by the Clearing Houses
CALCULATION OF EOD AND REALTIME MARGINS
Margins are calculated with the same parameters provided at the end of the day by the Clearing Houses or by recalculating the parameters during the intraday. This allows you to adjust to changing market quotes and get closer to the margin call of the next day
POST-TRADE AND PRE-TRADE CALCULATION
Post-trade: the case in which the margins are calculated on the open positions, fed in the intraday by the executions.Pre-trade: where margins are calculated on both open positions and orders placed on the platform before they are executed. Orders that have not yet been executed are evaluated to recognize the worst case execution, i.e. the case that will require the maximum value of margins.
TRACEABILITY OF CALCULATIONS
The application log files allow you to view the result of the margins with the calculation details and the request and response details of the calling application.
Margins can be calculated by indicating a scenario of changes in market prices, to know the margins required following a hypothetical change in market prices