SABI · Money Market
Money Market
Online desk inventory, order entry for outright and repo, price determination, settlement with the depositary, and the accounting that follows from it.
The money desk is where the settlement ladder shows most: same day, 24, 48, 72 and 96 hours coexist in one inventory and the price is weighted online against the position at risk. SABI keeps all five horizons current, with centralised formulas so every desk computes the same way.
01
Front office
- Desk inventory, same day and 24 hours, online
- Forward inventory report with price and yield calculation
- Order entry
- Outright: same day, 24, 48, 72 and 96 hours
- Repo
- Special orders, outright and repo
- Basket for outright auto-assignment
- Bank, government and private paper
- Paper indexed to USD, euro and UDI
- Automatic maturity of overnight repos
- Online generation of the 24-hour inventory
- Online price determination
- Online weighting of the position at risk
- Rate, bond and coupon calculator
- Interest and repo premium
- Yield from discount rate, and the other way round
- Discount rate from price, and equivalent rate
- Bond price, BREMS and BONDESD price, BREMS coupon rate
- Spread calculation from price
- Percentage rate control between promoter and client
- Desk rate control for trading with counterparties
- Collateralised repos
02
Back office
- Specific and bulk assignment
- Administration of interest charged on securities under repo
- Maturity calendar
- Online cash control for the money desk
- Assignment cancellation module, by issuer
- Automatic reconciliation with the depositary
- Control of repo transfers, reverse and direct
- Generation of accounting entries
- Collateral management for collateralised repos
- Settlement with the depositary
- Free-of-payment securities transfer
- Counterparty limit
- Income tax withholding determination
- Own-position costing
- Accrued interest on own position
- Daily determination of gain or loss on own position
- Generation of tax certificates
- Desk profit and loss report
- Confirmation letters
- Automatic generation by promoter
03
Compliance
- Interface to the risk system
- House-to-client reporting to the Mexican Stock Exchange
- Purchase and sale of securities (CVT) and under repo with the central bank
- Free-of-payment securities transfer (TLP) with the central bank
- Central bank reports RC01, RC02, RC03, RC04, RC06 and RC07
- FX transaction report (ACLME)
- Central bank validations
In NextSabi this market is the pack sabi-md →