Defining Market Places

Futures and futures options are listed on market places. The market place is needed when specifying future contracts and future option contracts.

 

1. Legal Entity Setup

The market place should have the roles MarketPlace, Agent, and Clearer.

Set the legal entity attribute “SpotDays” on the market place. The SpotDays + the holidays attached to the market place in the legal entity are used to compute the settle date.

 

2. Account Setup

You need to define a SETTLE account with the account holder set as the market place.