Commodity Trading and Risk Management (CTRM)
MineMarket supports deal capture for physical contracts, commodity and FX derivatives, the logistics and the financial processes (including mark-to-market accounting). MineMarket enables robust risk management through the allocation of hedge positions to logistics, and provides tools to view and effectively manage risk.
This section describes:
- Cash Forecast Reports
- Hedging
- Hedge Revaluation
- Commodity Exposure Reports
- Foreign Exchange Exposure Reports
- Quotation Period (QP) Profile Reports
- Trading
- Trading Profit and Loss Reports
How do Other MineMarket Modules Impact CTRM?
Transportation and Logistics impacts CTRM:
- Dates entered for despatches may impact when control passes from seller to buyer for associated despatch orders.
- Quantity and quality information on despatches affect associated despatch orders, which may be included in hedging or trading.
Sales and Marketing impacts CTRM:
- Currencies and Exchange Rates, Price Series and Interest Rates are required for configuring market commodities for hedging.
- Delivery Terms define when control passes from seller to buyer for despatch orders.
- Trades are between Despatch Orders and changes to despatch order quantities impact the trade quantities.
- Data from Despatch Order Snapshots is used for trade profit and loss.
System Administration impacts CTRM:
- Units of Measure define units, conversion factors and numbers of decimals for rounding.
- Status Definitions may control the editability and selectability of hedge positions, Quotation Period Profile reports and trades.
- User Preferences and Settings may impact despatch order snapshot calculation and trading settings.
- Domains may limit the visibility of objects.
- Security rights for User Groups may limit who can complete which activities in MineMarket.
- Scripting may impact which fields are required and what happens when objects are saved.
