Features

11 articles

Customer Test Environments

Molecule offers access to a "Customer Test" environment, as an add-on. It is included as part of Enterprise plans. Purpose & Schedule. Our Customer Test environments are designed to be used to test c…

Updated 1 month ago by Sameer Soleja

Pricing Formulas

Molecule's trade valuation supports the computation of prices (for trade prices, marks, underlying values, and more) using a formula parser. This article describes the syntax it expects. The Basics.…

Updated 1 month ago by Kyle McRoberts

Trade Locking

Trade Locking is an important compliance feature in Molecule. Definitions. When a trade is locked, it cannot be: edited from the Trade Edit screen. edited as part of a batch from the Trades screen. e…

Updated 4 months ago by Sameer Soleja

Calendars

Molecule supports a number of business day (and other holiday) calendars, in-app and via our API. Under the hood, we use the open-source Ruby holidays gem, so any calendar in that list is available i…

Updated 4 months ago by Sameer Soleja

Trade IDs

Molecule currently offers two different trade IDs: M.ID (sometimes called trade_id , id , or m_id ): this is a guaranteed-unique ID for a trade. Is sequential, but will have variable-length gaps betw…

Updated 4 months ago by Sameer Soleja

Ticks

Molecule supports intraday pricing. In other words, the system can store multiple prices of the same mark level, posted throughout the day. In Molecule terms, these are called Ticks. You don't have t…

Updated 4 months ago

Cascading

Cascading (also called stepwise in Molecule terms) is a granular and flexible way to see a trade's volume settle out during the delivery month. However, it produces a lot more data than the alternati…

Updated 4 months ago by Sameer Soleja

Decay

Decay is one of two features in Molecule that work to accurately show a position that reduces during the delivery month (the other is Cascading ). Decay essentially takes a monthly product and comput…

Updated 4 months ago by Sameer Soleja

Organizational Admin

The Organizational Admin Role (and permission) in Molecule is for the main users (or IT admin) at your company. These users gain the ability to manage other users' permissions, add counterparties, an…

Updated 4 months ago

Permissions

Below are the permissions used in Molecule. They apply on screen and via the API. Read-Only Reports-Only API-Only Front-Office Mid-Office Back-Office Admin Actualization - Gives the user access to th…

Updated 4 months ago by Sameer Soleja

P&Sing

P&Sing , also known as PNS-ing or trade compression , is a process that FCMs run nightly. Its objectives are to, among other things: Reduce the number of line items that must be valued daily. Provide…

Updated 4 months ago by Sameer Soleja