Opens the About SDX window which lets you access a list of the new features added to the system.

Lets you access your Favorites list.

Opens the System Menu functionality.

Lets you download SD's Excel add-in so you can integrate SD functionality with any Excel spreadsheet.

The Open button opens the Portfolio Management window from where you can load a saved portfolio to the Single Option page.

It is important to note that:

If you select a portfolio which contains more than one option, it is automatically opened in the Portfolio page.

Loading an existing deal into either pricing page overwrites any data currently displayed.

Opens the Portfolio Management window where you can save the current deal into an existing portfolio or into a new portfolio.

When adding a supported strip instrument (i.e., a swap strip, vanilla strip, Asian strip or forward strip) to a portfolio using the Add to Portfolio button, you must choose whether you want to add it to an existing portfolio as a single structure (by clicking the “Add as Strip instrument” option) or decomposed into its underlying instruments (by clicking the “Add as multi leg” option).

Opens the Historical Analysis window which lets you create charts of historical data for multiple variables for any period during the past 5 years.

Opens the Greeks Display Window, which lets you easily look at the total risk for any portfolio–whether bucketed across the relevant contracts or tenors, or per expiry date.

Opens the Pricing Table.

Opens the Term Structure for the current asset.

Opens the Credit Check Window for the current instrument, where you can see the CVA results.

Filters your client list to show who may be interested in the current deal.

For more information on the Who to Call feature click here.

Gives you access to the Blotter in SD's risk management functionality.

This button is no longer active. Instead, you can access a full range of CM market data via SD’s real-time market data portal—DGX. You can access DGX by clicking the DGX tab at the top of the main pricing window, or via the SD Web site.

Opens the Exchange Prices window for any exchange traded commodity for which there are exchange prices available.

Gives you access to the Blotter in SD's risk management product.

Gives you access to the Book Selection window in SD's risk management product.

Opens the DGX Chat interface.

For an exchange-traded option only, these radio buttons let you define whether to base the price of the instrument on the real time forward curve or the official forward curve of the last settled price instead.

The Fixing Details button opens the Fixing Details window for the current trade.

When pricing Asian-based options (Asian, Asian Strategies, Asian Strip and Asian Strip Strategies) or a TARN, the correlation between the underlying futures contract is taken into account.

The Flat Correlation radio button lets you instruct the system to use a flat correlation when pricing an Asian-based option (whose fixings are based on the nearest future). This means that the same figure is used at every point.

To do this, click the Flat Correlation radio button and in the textbox enter the flat correlation which should be taken into account when calculating these options.

The Parameter Rates & Dates button opens the Parameter Rates & Fixings window.

The Call button defines the terms of the contract, that is, whether the option is a call (a call option gives the buyer the right but not the obligation to buy the specified amount of the base currency at the strike on the specified date) or a put (a put option gives the buyer the right but not the obligation to sell the specified amount of the base currency at the strike price on the specified date).

Lets you define the transaction type of an American vanilla.

Lets you define whether the option needs to be knocked in or knocked out.

It is essential to define not only the type of barrier (i.e., knock IN or knock OUT) but also the direction of the barrier (Above or Below). This is because the definition of this instrument is such that the barrier is triggered if the spot trades “at or beyond” the barrier level at any point during the barrier monitoring period. Accordingly the barrier is considered triggered even if the spot rate is already beyond the barrier level in the monitoring period and never actually crosses the level during this period.

Lets you choose how to treat the last payment if on a fixing date the target redemption is hit.

Select:

Capped by Redemption to specify an exact TARN.

Paid in Full to specify a non-exact TARN.

Nothing to indicate that the last payment should not be made.

For more information on these settings see the TARN topic.

Defines whether the volume is defined in lots or the asset's default unit, e.g., mmBtu, oz, ton, etc.

Once you have defined the volume in either lots or the default unit, you can then toggle to the other volume definition. The system automatically converts the volume according to market convention.

For more information, on the market convention for converting a lot to megawatt hours for an instrument on electricity, click here.

Lets you choose whether the system solves for a zero cost strategy for the market maker or for the market taker.

If the trade date of the deal is for:

The current trade date, clicking Refresh imports the latest saved rates from the system.

A trade date in the past, clicking Refresh imports the saved end-of-day rates for that trade date.

Activates the Solver feature.

If you are registered for entering deals into a risk management system, the Deal Capture button enters this deal/portfolio directly into either of the following (depending on your user configuration):

SD's risk management system

Your own third-party system.

Lets you define your own price per unit for the current option and then recalculate its market volatility, Greeks and other results.

Activates the Premium Installments feature (whereby you can choose to pay the premium in installments rather than as a single payment up front) for the current instrument.