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Solution · Pricing & Position

Provisional prices that actually reconcile. Positions you don’t wait a week for.

TradeX syncs live benchmarks from Platts, Argus, ICIS, and exchanges into approval-gated formula pricing, then rolls provisional prices to final automatically — with live position snapshots and mark-to-market by commodity and counterparty.


The challenge

Where spreadsheets fail on pricing & position.

01

Provisional prices that never get reconciled

Formula-priced trades settle provisionally, and the final reconciliation never quite happens.

02

Positions known days late, not live

By the time a position report reaches the desk, the market has already moved.

03

Benchmarks tracked by hand

Platts, Argus, and ICIS prices are copied into spreadsheets instead of feeding the book directly.

04

Mark-to-market is a Monday-morning exercise

P&L is rebuilt manually at the start of each week instead of watched continuously.


How TradeX helps

Built for pricing & position — not bolted onto a generic CTRM.

Live benchmark sync

Platts, Argus, ICIS, and exchange benchmarks sync automatically into every formula-priced contract.

Approval-gated formula pricing

Formulas, components, and pricing tranches are versioned and approved before they touch a trade.

Provisional to final, automatically

Provisional prices roll to final without a separate reconciliation project.

Live position & mark-to-market

Position snapshots, market prices, and match records give live exposure and realized P&L by commodity and counterparty.


Outcomes

What changes on day one.

  • No unreconciled provisional prices sitting on the book
  • Positions and P&L live, not a week behind
  • Benchmarks feeding contracts directly, not retyped
  • Mark-to-market watched continuously, not rebuilt every Monday

See TradeX solve pricing & position.