Edit Trade Details

You can edit the following details of trades in various screens:

  • Trade Name
  • Trade Date—Date on which the trade was created. For mark-to-market trades, this date is the date of the first P&L calculation and is not editable.
  • Quantity—Quantity of material allocated to the trade. Editable for trades that are between purchase and sales despatch order (DO)s (not mark-to-market). For mark-to-market trades, this allocation is the quantity that remains available to trade. MineMarket adjusts this quantity when purchase DOs are allocated to trades with sales DOs.
  • Mass Basis—Mass basis for the trade quantity. Select from the analyte measurement bases of the DOs.
  • Fixed Quantity—Whether the trade has a fixed quantity for profit and loss calculations. Default: Unchecked. If a trade is for less than the required quantity of the purchase DO, its quantity can be fixed. The quantity of at least one trade with the purchase DO (including the mark-to-market trade) must be unfixed. If the trade has an unfixed quantity, the allocated trade quantity is not changed, but the quantity used in profit and loss may be adjusted. This adjustment is to account for possible differences between the required quantity and actual quantity (for example, from loading or unloading transactions). If the actual quantity is greater than the minimum quantity for the DO, the actual quantity is used in profit and loss. The DO's minimum quantity is based on the minimum percentage tolerance of the quota. If the DO is not in a quota, or if the quota has no specified tolerance, the minimum specified for the contract product applies. If the purchase DO has multiple trades with unfixed quantities, any adjustment is applied pro-rata across these trades.

Security Note: You need the Allow the user to maintain trades security right in the Trading domain security rights group for this activity. For editing via a DO, you also need the Allow the user to maintain despatch orders security right in the Contracts domain security rights group.

Activity Steps

  1. To edit the name or quantity:
    1. Open the Trade Explorer.
    2. Find the trade or trades. See Find Trades.
    3. Update the Trade Name and Quantity for trades in the table as required.
  2. To edit the name, trade date or quantity:
    1. Open the Trade Detail.
    2. Update the Trade Name, Trade Date and Quantity for the trade as required.
  3. To edit the name, trade date, quantity, mass basis and whether the quantity is fixed:
    1. Open the Despatch Order.
    2. Select the Trading tab.
    3. Select the Trades sub-tab.
    4. Update the Trade Name, Trade Date, Quantity and Mass Basis for trades in the table as required.
    5. If the DO is a purchase DO, update the Fixed Quantity for trades in the table as required.
  4. Click Save.