Void vs Delete in Molecule

Understanding the difference between Void and Delete is critical to ensuring accurate valuations, reporting, and auditability in Molecule.

Void

Meaning Marks a trade as voided (canceled) as of a specified date.

Purpose Void is used when a trade was valid historically but should no longer continue going forward.

​

Key Characteristics

• Preserves historical valuation data up to the void as-of date

• Stops future valuations after the void date

• Maintains a full audit trail

• Voided trades remain visible when “Show deleted trades” is enabled

• Yesterday’s valuation row is typically the last relevant row for reporting

​

When to use Void

• A legitimately booked trade is later canceled

• Regulatory or audit requirements require valuation history to be retained

• You need historical P&L visibility but no future exposure

Delete

Meaning

Completely removes the trade and all associated valuation data.

Purpose

Delete is used when a trade should be treated as if it never existed.

​

Key Characteristics

• Removes all valuation history

• Excludes the trade entirely from reporting and settlements

• Deleted trades are only visible when “Show deleted trades” is enabled

​

When to use Delete

• Trades booked in error

• Duplicate or test trades

• Trades with incorrect lifecycle data (e.g., invalid trade dates)

​Void vs Delete: Quick Comparison

To pick up a draggable item, press the space bar. While dragging, use the arrow keys to move the item. Press space again to drop the item in its new position, or press escape to cancel.

​Best Practice Guidance

• Use Void when the trade was once valid and needs to be canceled going forward.

• Use Delete when the trade should not exist in the system at all.

• Choosing the correct action ensures accurate valuations, settlements, and clean month-end reporting.