Controls the availability i.e. whether an instrument is tradable.
Visibility
The listing of instruments. I.e. if an instrument is visible for a particular user.
Type of bond
Convertible, Fixed rate, Floating rate, Zero coupons, Exchangeable, Structured product
Currency
The currency that the instrument is based in. The currencies that are available in the Bricknode instance is shown as options
Tax country
The country where the instrument is based according to tax reasons. The countries available in Bricknode Broker.
Market Place
The default marketplace where the instrument is traded. The Trading Venues that are listed in the Bricknode Broker.
Issuer
Legal entities in Bricknode Broker that have issued the instrument
Property
Description
Multiplier
The size of the bond should be entered here.
Margin rate for long positions
This is the margin rate that could be applied for long positions.
Margin rate for short positions
This is the margin rate that could be applied for short positions.
Coupon interest
The interest that will be paid as the coupon.
Is the coupon payment guaranteed?
Self-explanatory
Price type
Dirty or Clean price
Instrument series
A free text field where you can enter if the instrument belongs to any series.
Payment frequency
How often will the coupon payment occur?
Capitalization type
Accrued interest is being applied every night to the instrument and this selection defines how often the accrued interest should be capitalized. This is an information field and is not linked to any function which means that you have to trigger the capitalization manually in the application.
Property
Description
Initial price
The price of the instrument
The price date of the instrument
Number of decimals to use for the price
The number of decimals to use when showing the price of the instrument
Show price in percentage (%)
If checked, the price will be displayed as a percentage value.
Number of decimals to use for quantity
The number of decimals that should be used for the tradable units.
Datasheet
A link to an instrument description (URL)
External reference
A reference that could be used to link the instrument to an external system or some other reference.
Buy commission
The percentage commission charged on buy orders.
Sell commission
The percentage commission charged on sell orders.
Fee for selling early
The percentage fee charged on orders that are being executed within the lock-in period.
Lock in period (days)
The period that a legal entity should be locked in before being able to sell after having purchased the bond.
Available account types
Here you can select which account types that should be able to place trades in the instrument. If no account types are entered then the instrument will be able to be traded in all account types.
Comment
This is a free text comment where you can enter any text that you would like to tag to the instrument.
Properties
Description
Issue date
The date the instrument is issued.
Expiration settlement date
The date on which the deliverable (cash or other assets) will be settled following the expiration of the instrument.
Expiration type
American or European expiration
Settlement type
If settlement for the instrument will be done in cash or physical delivery of the deliverable asset.
Day count basis
The day count basis that should be used for the interest rate calculations.
The available options are:
Actual/Actual US 30/360 European 30/360 Actual/360 Actual/365
First interest calculation date
The first date on which the accrued interest will start accumulating.
Amortization plan
This is the periodization that should be used for the amortization payments of the bond.
The available options are:
Monthly Every other month Quarterly Every sixth month Annually At the expiration
First trade date
The first date on which the instrument should be available for trading.
Last trade date
The last date on which the instrument should be available for trading.
Click Create to Create the bond. The instrument is now visible in the Instrument list.
Update/Edit Bonds
Navigate to Instruments.
Mark the instrument that you want to edit and click the Action menu and select Edit.
Now you can update the bond. Follow the guide to page 4 to Save the changes.