The Fidessa trading platform incorporates an extensive
charge calculator. Multiple fee codes can be defined
against primary control parameters which can then
be overriden by exclusion parameters based off
trade facts, counterparty data and/or instrument
data.
This allows multiple charges, commission, taxes,
fees, etc to be defined within a structure that
allows all known fee calculations and exceptions
to be catered for. Fees are assigned into fee-buckets,
which allow a simple consolidated view of the
charges to be shown on tickets, reports and the
user screens.
Fidessa supports the following calculation methods
for charges:
Flat
Percentage
Basis
points
Per
unit
Per
amount or part thereof
Total
sliding scale
Reducing
scale
Scaled client discounting and client ratings
allow for every scenario that occurs within a
complex business.
