Yield Profiles - Externalised Flow Overview

External Yield Profiles contents

• Hedging Analysis Overview

• How to Interpret Hedging Yields

• Hybrid Hedging Yields by Rule

• Hedging Spreads

• STP/Brokered Flow Overview
• Group By Execution Rule

• LP Analysis Overview

  • Group by Market

  • LP Spread Analysis

  • LP Markout Analysis

  • LP Interest to Fill/Cancel

  • LP Fill Ratio

What are External Yield profiles?

External yield profiles show the markouts for all trades that have been placed on an external LP's rate, this includes brokered (STP) or hedged trades.

Analysing external yield profiles are helpful for understanding:

• Hedging performance and yields
• LP analysis and fill ratios
• Quality of STP flow

All external trades are plotted in Echo, like client yield profiles these are viewed from house perspective therefore we would expect to see a negative inception spread i.e. spread paid.

External yield profiles have similar grouping and filtering properties to client yield profiles however they are accessed by "Load external yield profiles"

Back to Yield Profiles (Markouts) - Overview and Flow Analysis Contents