TradeEngine

Child trade parsing service to the Business model.

• See TradeEngineServiceTemplate.

Note this is just the quote to trade parsing section.

Provides trade/flow aggregation for Pricing Risk and P&L, best method per product.

• Parses executed quotes to trades, multi pluggable for trade data stores.
• Real-time trades via Component wrap of FinPlusDBConn re "NoTp" and DataModel.
• Provides unaggregated new business and changed trades with contra pre change.
• Provides trades at time T-1 aggregated as per state at time T-1, Swap flows aggregated per valuation curve per basis and discount curve. Settled price based products (eg Futures, Bonds) positions aggregated per instrument at T-1 closing price.
• Price based products executed prior to time T (eg T-1, T-2 etc) that have not settled will need to be aggregated per settlement date.

_Note bespoke accumulation is central to low latency, these methods will outperform large server farms and grids for solutions with no trade aggregation. _