TheBooks

TheBooks is software from DMAXX that combines trading operations with accounting for firms managing futures accounts. It was designed with the trader in mind and builds accounting and performance reporting into the trading process itself.

Main features

• Trade management: creating, placing, filling and reporting trades, with counterparty notification.
• Reconciliation: matches confirmations, open positions, commissions and cash with clearing brokers.
• Multi-currency accounting: handles fee accruals and formula-based management and incentive fees.
• Performance and risk reporting: intra-day figures, value at risk and scenario analysis.
• Market data repository: price data gathered from several vendors.

Customers and markets

Commodity trading advisors, hedge funds and commodity pool operators running managed accounts.

Key facts

• Vendor: DMAXX, LLC.
• Reports: delivered through a web browser or emailed automatically.