Molecule calculates P&L, position, and risk for commodity portfolios.
It is designed for people who trade energy and commodities on exchanges. It also comes with support for OTC and physical portfolios: fixed-price and formula-priced swaps, forwards, options, assets and more.
Molecule has the industry's easiest deal capture. Trades from the CME and ICE flow automatically into Molecule, seconds after they clear. Bilateral (financial or physical) deals get entered using our natural-language processing. Just type them in, the way you think about them. Options, swaps, forwards, futures - all of them work the same way.
Once captured, deals live out their full lifecycle, marking every day and expiring or exercising on their settlement date. There's nothing else you have to do.
Most ETRM systems ask you to supply your own market data. Not Molecule. It comes out of the box with end-of-day exchange marks, with additional data sources being added all the time. Got additional data you want to pump in? Our team can help you do so using our API, at no extra cost. Want to upload data via a spreadsheet? We've got you covered there too - with our easy template.
Everything in Molecule calculates as soon as it has sufficient data. Positions are calculated instantly. Trades are marked, and option greeks calculated, when market data comes in. Even VaR recalculates with every new trade.
Molecule uses industry-standard Black-76 and mark-to-market calculations, as well as QuantLib. We also open-source key components of our software, so you can inspect them yourself - and be sure your reports are right.
Molecule comes out-of-the-box with a user-customizable Positions screen that shows, in tabular form, just about everything it calculates. Want a report that meets your exact specifications? With Mode, our embedded business intelligence tool, custom dashboards can be e-mailed to your inbox every morning.
Want even more flexibility? Our API connects directly to Excel (and your downstream systems), so you can pivot to your heart's content.
Molecule automatically connects to FCMs to download top-day and portfolio statements, then shows you how its records compare. That way, you can be comfortable that everyone agrees about your positions.
FCMs currently supported include:
Don't see yours on the list? Contact us and get us working on it.
A VaR that just works.
You can get a VaR from many places. But what about one that is right, without you having to twiddle it? Molecule provides that, and more, out-of-the-box.
Embedded in Molecule is a blistering-fast Monte Carlo simulation engine, that re-calculates your VaR (portfolio and component) in no time, every time your position changes. We set it up once, and it just works. Molecule also provides an independently-calculated delta-gamma VaR, as well as diagnostic information, so you can be sure the numbers make sense.
Molecule can help you automate allocations to funds you manage, by volume - then give you a report to share with your FCM.Spread Option Modeling
Want to model something more complex than a derivatives portfolio? Molecule supports complex modeling via our API. In addition, Molecule can support any model available in QuantLib. Then give you custom reports based on the output.
A Real Cloud Solution
Molecule works like every other modern piece of software you use already. On the cloud. Scalable. Available from anywhere, on any modern browser. Free new features and bug fixes, regularly.
And all the security of Amazon Web Services, the industry's hosting leader. Molecule's primary concern is your data's security, and we test our software rigorously to ensure your privacy. See more about our security measures here.
No Implementation Fees
Molecule is priced on a package basis. You pay a flat fee per month for all features, all the market data we have available, and customer service. Nothing else.
Implementation is included with all of our packages, at no additional charge. Our in-house, Houston-based team aims to complete successful implementations — getting you all the way from automatic deal capture to your working P&L and reports — in 90 days or less.
|Electricity||Crude & Liquids||Gas & LNG||NGLs||Ags||Other Commodities||FX & Equity Futures|
|TT X_Trader Integration|
|End-of-Day Public CME, ICE Data|
|Morningstar Data||Available via included Connector|
|GlobalView/MarketView Data||Available via included Connector|
|Upload via Spreadsheet|
|Upload via API|
|Custom Lot Sizes|
|Metric Ton Conversions||N/A||N/A|
|Custom Models (Excel or other)|
|Monte Carlo (simulation-based)|
|Historical (simulation-based)||Coming Soon|
|Automatic Allocations by Ratio|
|User-Customizable Positions Screen|
|Custom BI Reports
|API (Excel, CSV, JSON)|
|Accounting/GL Integration||Coming Soon|
|Audit & Security|
|Taggable Book Structure|
|Regular Security &
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