Counterparty

Table of Contents

• Description
• Examples
• Cookbook
• F.A.Q.
• API Documentation

Description

Financial meaning

A counterparty is any party — individual or organization — that participates in a financial transaction from the opposite side. In capital markets and investment platforms, counterparties include brokers, banks, issuers, custodians, and clients.

Platform abstraction

In the Finmars platform, Counterparty is a master data entity used to associate financial transactions, portfolios, and registers with external trading parties.

Counterparty also is used in:

• As a reference for identifying the external trading party involved in a transaction.
• position settlement, linked with portfolio to reflect obligations per counterparty.
• cash flow tracking, where it is associated with account  to record inflows and outflows per counterparty;

Examples

• User code: unique identifier assigned to the counterparty. Used for internal reference and tracking.
• Group: a logical classification that allows grouping counterparties by type, role, or business relationship. Useful for filtering and reporting.

• Short name: abbreviated or condensed label for quick reference.

• Name: the full legal or registered name of the counterparty as used internally and in official documentation.

• Public name: market-facing or external name of the instrument, often matching how it appears on exchanges or public reports.

• Notes: free-text field for comments or special handling notes related to the counterparty.

Cookbook

CRUD

Operations within platform.

Use Cases

What for it's used.

F.A.Q.

Frequently asked questions.

API documentation

Link to API documentation.