SDX Commodities Help > Working with SDX Commodities & Energy > Customizing SDX Commodities & Energy > Customizing Default Settings

Customizing Default Settings

There are a number of customization settings which you can control in the Customize window > Default Settings tab.

The default customization settings control the following:

Default commodity displayed.

You can choose this from the dropdown list or using the autocomplete functionality.

Default instrument displayed in the Single Option page.

You can choose this from the dropdown list or using the autocomplete functionality.

Default source of market data.

Default fixing rate source.

By default the fixing rates source is set to SD. However, using the Fixings Source dropdown list you can change it for your user to:

Any of the following—LBMA_AM, LBMA_PM, LPPM_AM, LPPM_PM.

LBMA is the London Bullion Market Association; LPPM is the London Platinum and Palladium Market.

Your own fixing rates feed.

This is only possible if you have access to your own fixings rates feed besides the SD rates.

 
If you choose a fixings rates source other than SD, the selected source is only used for relevant assets; for all other assets the system still uses the SD fixing rates. So, for example, if you set the system default to LBMA_AM, when you price an instrument on an asset other than other than Gold (XAU) or Silver (XAG), the system will still use SD's fixing rates.
Whatever the setting here, if you are pricing an instrument based on an OTC energy asset (and you have access to a fixing rates feed other than the SD rates) or you are pricing an instrument based on a precious metal asset, you can always change the fixing rates source on a per-instrument basis. You do this in its Fixing Details window.

Default FX spot rate source.

For most instruments this is used to convert a fixing rate from the asset's base currency to the selected currency. For a gas formula swap and a gas formula swap strip it is used to set the FX fixings if the gas formula contains an FX Rate or an FX Rate Average parameter.

You do this using the FX Fixings Spot Source dropdown list.

Which future contract is used for a fixing date if the fixing date falls on the underlying future contract's expiry date.

For more information see the Defining whether to roll to the next future contract topic.

Date format.

Which page displays on accessing the system.

Which display format is active for historical charts.

Which Greeks are displayed in the Single Option page in the Results area, in the generated risk charts and in the generated risk matrix.

You do this using the Greeks dropdown list.

Whether the default setting for the Volume field in both the pricing pages is set to the asset's default base unit (this is the system's default setting) or to lots.

You do this using the Define the volume in dropdown list.

Regardless of this setting you can of course still manually edit the Volume field's setting in the pricing page per instrument.

 

For a multi-asset instrument in the Multi-asset Portfolio page you must define a volume in units. Therefore, when you enter such an instrument in that page the system tells you that it will need to set the Units <> Lots toggle button to Units for all deals in this portfolio. You have the choice not to continue.

Whether, if the volume is defined in lots, the results that are displayed per unit are shown in lots or the asset's default unit.

You do this using the If volume is defined in lots show results in dropdown list.

For any asset you can define its volume in lots or in the asset's default unit, e.g., barrels for Brent Crude Oil, ounces for precious metals, etc., or in the asset's default base currency. If you define the volume:

In the asset's default unit, all results that are displayed per unit are always displayed in the asset's default unit.

In the asset's default currency, all results that are displayed per unit are always displayed in the asset's default unit.

In lots, then by default all results that are displayed per unit are displayed in the asset's default unit. However, you can choose to display these results instead in lots. You control this setting in the Customize window > Default Settings tab > If volume is defined in lots show results in dropdown list.

Whether the daily volume is displayed.

 

For a multi-asset instrument in the Multi-asset Portfolio page you must define a volume, not a daily volume. Therefore, if the daily volume setting is enabled, when you enter such an instrument in that page the system tells you that it will need to disable the Daily Vol button. You have the choice not to continue.

Whether the system should be displayed in the format for a trader, salesperson, corporation or hedge fund.

 

Currently this setting controls which of the two user type tabs—the Trader tab or the Sales tab—opens by default when you access SDX Commodities & Energy. The Sales Person option will open the ribbon bar in the Sales tab; the Trader, Corporation and Hedge Fund options will open the ribbon bar in the Trader tab.

Whether the fixings for base metal swaps are automatically shifted forward by 2 days.

To customize the default settings:

1. On the ribbon bar in the Home tab click Settings.
2. In the Customize window click the Default Settings tab.
3. Edit the details as necessary.
4. Click Save and then OK. The new settings are saved and are applied when you next open a new page in SDX Commodities & Energy.