Murex

Re: Flexible premiums settlements (IRD)

By Murex User Group ⋅ March 15, 2010 ⋅  Email This Post ⋅  Print This Post ⋅ Post a comment

Hello Borja,

> 3. Premium settles at any Index reference (not only the cap/floor index)
> or any other formula
> for example, inside one structure we will have a Loan + IRS + Cap +
> Swaption, the idea is that the premium could be settled with the IRS index

You could set the premium settlement mode to periodic and then manually amend the premium schedule to match the relevant index.
As with the old pricing screens, this can only be done when booking the trade, which may be a cumbersome work to do. Also, if you
wish to [...]