Market Pricing

Overview

In C3, market prices are maintained for contract pricing, analysis, and reporting. Many different pricing services are directly interfaced. Prices are seamlessly interfaced into a flexible contract formula builder.

Features

  • Tracking of cash market and futures prices on a current and historical basis

  • Automated interface with several pricing services including Platts, OPIS, and DTN

  • Flexible formula builder that encompasses many formula types including month average, posting, multi day wraps, weekly formulas, and an ad hoc expression builder

  • Automated calculation of formula prices for accounting and corporate reporting functions

  • Reporting and historical graphing of market prices to analyze market positions and trend movements

 

 

Advantages

  • Centralized internal source for all pricing calculations and reporting needs

  • Reliable automation of pricing uploads with minimal user intervention

  • Simple and efficient entry of prices where automated sources are not accessible

  • Contracts no longer have to be manually updated as formula pricing completes

Benefits

  • Superior accuracy in formula calculation on formula based contracts

  • Lower dependence on manual calculation of contract pricing for accounting and corporate reporting