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 

 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 

 

 

 

 

 

 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.