Molecule supports a dedicated trade entry form designed to facilitate capturing natural gas park and loan deals. The purpose of this entry form is to create both sides of a park and loan deal from a single trade entry.
Trade products require a special configuration to enable this dedicated entry form. Contact our CS team to be provided a list of products enabled for park and loan entry or to have new products created.
Trade Entry
1
Select a Product
Trade entry begins like all other entry in Molecule, by selecting a product.
2
Use the Park and Loan Form (When Enabled)
When a product is selected that is enabled for park and loan deal entry, the form provides two sets of dates and price. This allows the user to specify:
Dates and price of the initial injection into or withdrawal from the pipeline.
Dates and price of the subsequent return from or to the pipeline.
3
Save to Create Two Trades
Saving the trade entry creates two new trades representing both sides of the park and loan:
4
Trades and Delivery Tickets
The two trades have the trade entry quantity split evenly across legs for each calendar day of the periods selected.
Each leg automatically creates a delivery ticket which can be actualized to reflect the actual gas movement.
