The Base Metals module is a comprehensive real time pricing, deal capture, position keeping and risk management system for tracking portfolios of both exchange-traded and over-the-counter base metal cash, future and option contracts. Our coverage of metals is so comprehensive that we have provided system solutions for virtually every type of participant in the metals markets. This FOCUS^SQL module can price all structured contracts on LME and other exchanges by employing an advanced pricing curve using prompt dates. The system offers pricing and position keeping for Asian (average rate) options and other exotic options. Another feature is a separate "strip pricing" page for analyzing and managing strips of options. Advanced option pricing features such as the Finite Difference option-pricing model are also included. The options calculator supports multi-leg strategies for users who construct and evaluate packages of options. Deal entry and position keeping are easy via an efficient trade-entry blotter.

• Metal cash/spot
• Base metal forwards
• Metal futures
• Metal spreads
• OTC and exchange-traded options
• Single barrier options
• Range options
• Double barrier options
• Lookback options
• Window options
• Compound options
• Step-up window options
• Digital options
• Average rate (Asian) options
• Chooser options
• Contingent premium options
• Binary options

• User-definable base metal/exchange-traded instruments
• Trade entry and blotter linked to options calculators
• Risk scenarios, analysis of sensitivity to price, interest rate and volatility changes
• Quote feeds for intraday mark-to-market and mark-to-theoretical P&L
• Real-time counterpart limits
• Definitions for multiple storage locations and grades
• Position keeping
• Multiple volatility pricing
• Sophisticated and flexible reporting - realized, unrealized and historical P&L, mark-to-market, position, risk, credit as well as any custom reporting needs

Risk Scenario Manager - allows the user to set up risk scenarios to view just about any result (P&L value or Greek) of the entire or sub-selected portfolio, by varying spot, volatility or time horizon across two axes. Charts and individual figures breakdown is supported.

Positions Calculator - allows the user to quickly change market parameters to recalculate P&L and market values of the entire or sub-selected portfolio. This information can be viewed at trade level detail, allowing intraday viewing and daily exposure of the selected portfolio to various changes in the markets.

Value at Risk Reporting - daily, monthly and regulatory Value-at-Risk calculations using RiskMetrics variance/correlation datasets and Monte-Carlo simulation methods.

Risk Management Reports - like gap report, liquidity report, topography report, maturity ladder, P&L decomposition, limits reports and so on.

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