• D-3 Pricing System
  • Architecture
  • Features
  • Interfaces
• D-3 Back Office
• D-3 I'Deal

D-3 Pricing System

D-3 Pricing System is a sophisticated rate engine for Foreign Exchange spot and forwards as well as Money Market instruments. Eight of FX Week´s™ 2007 Top 30 Banks are already using D-3 to assure the supply of their trading platform with authentic realtime prices 24 hours a day.

The possibility to link different trading environments in different countries and the outstanding architecture of the system allow for the ongoing growth of international foreign exchange - and hence create a competitive advantage.

By adopting external sources such as Thomson Reuters®, updates for FX forwards can be derived from yield curves that have been constructed out of Outrights, Futures, FRAs, IRS or OIS rates. A rule based centralised calendar ensures correct cross calculation and the interpolation of broken dates.

Finally the quality of the prices is guaranteed by using different filters such as plausibility checks, comparison with reference prices, consideration of special dates like FED, EZB and IMM dates, and the possibility to apply margins, spreads and so on.

Future releases will improve today's outstanding interoperability and cover additional financial segments.