The Cross-Book Flattener App uses data from the Inventory App to determine which books are long/short and books internal trades according to your internal account hierarchy, with the capability to include/exclude specific books to effect optimal netting.

The user can determine the pricing structure to be applied with the ability for the securities finance desk to apply costs and take a spread across non-related books. Any remaining short requirements can then be processed by the Auto Short Coverage App which exports borrow needs to the Borrower App and are auto covered before the traders arrive at their desk. In addition, any excess street borrows can be auto returned based upon configurable rule sets.

For more info:
Please call +44 (0) 20 7608 5538 or +1 (646) 665–1443
Or email sales@tradingapps.com