Capturing Future Trades

Choose Trade > Equity > Listed Futures to open the Future worksheet, from Calypso Navigator or from the Trade Blotter.

Equity Future Quick Reference

When you open a Future worksheet, the Trade panel is selected by default.

Ⓘ [NOTE: The trade counterparty must be a clearer, so you must have defined a legal entity of role Clearer]

Configuration

Define the exchange where the future trades using .

Define the holiday calendar using.

Define date rules using .

Define the equity product using .

Define the future contracts using .

Entering Trade Details

You can select a template from the Template field to populate the worksheet with default values. Then modify the fields as applicable.

Or you can enter the trade fields directly.

Note that the Trade Date is entered in the Details panel.

Proceed to the other panels as applicable.

Saving a Trade

Press F5 to save the trade, or choose .

You can also press F3 to save the current trade as a new trade, or choose Trade > Save As New.

A description will appear in the title bar of the trade worksheet, a trade id will be assigned to the trade, and the status of the trade will be modified according to the workflow configuration.

Pricing a Trade

An equity or equity index future requires future quotes, underlying equity or equity index quotes, a discount curve, and a dividend curve for the underlying.

You can choose to check if all required pricing data are available in the Pricing Environment.

Click Price to price the trade.

Trade Lifecycle

You can allocate the trade to multiple books using .

You can terminate the trade using .

You can liquidate the trade manually using .

You can expire futures using , or the FUTURE_EXPIRY scheduled task.

You can compute margin calls on the clearing accounts in real-time or in batch mode.

Sample Trade

Equity Future Trade Window - Sample Trade

Choose for complete details.