TT User Login and Risk Administration - Trading Technologies
TT User Login and Risk Administration - Trading Technologies
TT User Login and Risk Administration - Trading Technologies
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<strong>TT</strong> <strong>User</strong> <strong>Login</strong> <strong>and</strong> <strong>Risk</strong> <strong>Administration</strong><br />
New <strong>Risk</strong><br />
Component!<br />
Calculating Margin<br />
Starting with X_TRADER 7.8, <strong>TT</strong> software uses the following formula to<br />
calculate the total Margin for a product using Intra‐Product Spread<br />
Margining:<br />
(Worst Case Net Product Position * Future Margin) + (Synthetic Spread<br />
Position * Spread Margin) + (Even‐legged Exchange Spreads * Spread<br />
Margin)<br />
Prior to version 7.8, the margin calculated was only Future Margin:<br />
(Worst Case Net Product Position * Future Margin)<br />
Note: If risk administrators have not entered margin for spread products in<br />
the Guardian Product Table, then the formula will continue to only take<br />
Future Margin into account.<br />
44<br />
<strong>Trading</strong> <strong>Technologies</strong> International, Inc.
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