Price
Table of Contents
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:
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Providing market or modeled values for instruments held in portfolios.
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Defining end-of-day valuations and snapshots for asset positions.
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Supporting duration, yield, and factor-based sensitivity analyses.
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Assisting in generating fair value reports, P&L, and balance sheet entries.
Examples
| Instrument | Date | Pricing Policy | Principal Price | Accrued Price | Factor | YTM | Modified Duration | Is Temporary Price |
| BAIDU INC | 2023-03-14 | Standard | 144.9500 | 0.000 | 1 | 0.00 | 0.000 | False |
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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 (TrueorFalse).
Cookbook
CRUD
Operations within platform.
Use Cases
What for it's used.
F.A.Q.
Frequently asked questions.
API documentation
Link to API documentation.