Create New Derivatives
How to Create
Go to Finance → Derivatives.
Click New Derivative.
Fill in the required fields in the create modal.
Save. The derivative is created with status Draft and the detail drawer opens automatically.
Add Derivative Lines in the drawer.
Derivative Header Fields
Name
Descriptive name, visible in lists and filters
Required
Derivative Type
Bunker Hedge, Freight (FFA), Emission Allowance, or Commodity
Required
Agreement Type
Swap, Call Option, or Put Option
Required
Counterpart
The financial institution or trading counterpart
Required
Contract Date
Date the contract was executed
Required
Package
Assigns the derivative to a package for grouping
Optional
Hedge Against
What is being hedged against: COA Line, Voyage, TC-In/Out Duration, or Derivative (washed out)
Optional
Payment Method
Over-the-counter (OTC) or Cleared (via Clearinghouse)
Optional
Accounting Category
Hedge, Speculation, Internal (Strategic), or Economic Hedge
Optional
Buy / Sell
Whether the derivative is being bought or sold
Optional
Responsible Trader
Trader responsible for this contract
Optional
Comments
Free-text internal notes
Optional
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