Price

Table of Contents

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

Description

Financial meaning

Prices represent the market value or quoted price of a financial instrument at a specific point in time. They are essential for valuation, performance measurement, and accurate reporting across financial systems.

Platform abstraction

In the Finmars platform, a Price is a separate entity linked to an Instrument and dated to a specific moment. Each price entry stores the principal value, accrued interest component (for debt instruments), a pricing policy identifier (e.g., Standard, Custom), and valuation-related fields like Yield to Maturity (YTM) and Duration.

Prices are used in:

• Providing market or modeled values for instruments held in portfolios.

• Defining end-of-day valuations and snapshots for asset positions.
  

• Supporting duration, yield, and factor-based sensitivity analyses.

• Assisting in generating fair value reports, P&L, and balance sheet entries.

Examples

• Instrument: name or identifier of the financial instrument.

• Date: the date for which the price is recorded.

• Pricing Policy: method used for price calculation (e.g., Standard).

• Principal Price: main price of the instrument excluding accrued interest.

• Accrued Price: accumulated interest up to the pricing date.

• Factor: multiplier used to adjust the nominal or market value of the instrument.

• YTM: yield to maturity, representing the expected return if the instrument is held until maturity.

• Modified Duration: measure of the price sensitivity of the instrument to interest rate changes.

• Is Temporary Price: flag indicating if the price is temporary (True or False).

Cookbook

CRUD

Operations within platform.

Use Cases

What for it's used.

F.A.Q.

Frequently asked questions.

API documentation

Link to API documentation.