Position Adjustment

Adjusting positions in Compass can be done from the Positions screen (under Risk Management => Positions). If your adjustment is going to affect the P&L of a Book, it's useful to take note of the P&L before you begin moving positions so that it can be adjusted back into the book afterwards.

Adjustments can be made by following the following steps, or by CSV import.

Steps for trade position adjustment

1. Select the Adjustments button in blue in the top right corner
2. You will want to be on the Book Trade section of the Position Adjustments option menu. Avoid the Advanced Mode or Adjust P&L sections for trade position adjustments.
3. For each adjustment you make you will need to select the Book you want the adjustment to be made to, the currency, type of adjustment, and the adjustment quantity. Optionally, you can include a comment. Once filled out, click Add Adjustment. You can add multiple adjustments to this page which will all be done at the same time. The example in the image below is a 500 XAU USD buy from ISPRIME_NY at 2657.02

4. Alternatively, you can create a csv with every adjustment you want to make and import it. The instructions for this are here in Position Adjustment Import. This can be done from the Import button next to Remove all and Merge
5. Once you have added all the intended adjustments or imported your CSV with the intended adjustments, review them and the USD P&L Implications before sending them with the Send Adjustments button.
   N.B. This step is final and any reversions or fixes to potential problems will need to be conducting manually. This is why using the CSV import can be preferable as it makes reversing or changing a position adjustment easier. Consult Mahi for anything you are unsure about

Steps for flattening a book

1. Navigate to the book you want to flatten on the Positions screen.
2. For each of the children under this, or for this book if it has no children:
1. Click on the Detailed Breakdown tab.
2. If trade positions are tracked, P&L adjustments should be made to the Positions (top box), and all other adjustments should be made to the Trade Positions(bottom box). If trade positions are not tracked, all adjustments should be made to the Positions (top box). Click Flatten on the top right hand side of the relevant box.
   
   
3. After you click Flatten, a position adjustment screen will appear on the left hand side of the screen with series of adjustments added in that will flatten the book, click Send Adjustments at the bottom, then Confirm.
   
3. Once these changes have been made to all of the child books, check the P&L of the the book. If you want to reverse any P&L changes from the adjustments, create a new P&L Position adjustment for USD in the parent book of the books adjusted previously (top box). This quantity should be 1:1 with the P&L adjustment you need to make, if you need to reduced P&L afterwards, the quantity should be negative.