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Financial Solutions

Precious and Base Metals (PBM) Solutions

Although a well-established market, metals traders have always had their own demanding requirements. Precious Metal traders must accommodate the dual physical and interest rate behavior of their markets, which combine the complexity of analyzing the interest rate, location, product and quality risk with the logistical challenges of inventory management for the back office. Base Metal traders have similar challenges managing the complete front-through-back aspects of their physical and financial positions.

Traditional software solutions usually provide a compromise: either a legacy commodity trading platform that fails to capture the financial aspects of the metals markets, or an interest rate/FX trading platform insufficient to model the physical aspects. OpenLink's PBM leverages its experience with both physical market players and financial institutions to provide a solution with NO compromises. We have over a decade of experience working with leading banks and brokerage institutions to perfect Findur's physical and financial capabilities on a comprehensive, robust trading and risk core proven and well tested for financial institutions. The world's leading banking institutions use our PBM across their entire metals trading operations.


Product Coverage Includes:

Precious Metals

  • Spots & Forward
  • Loans/Leases (including settlement in ccy)
  • Swaps/FRAs (including settlement in ccy)
  • OTC Options (caps, floors, collars, corridors, compound, single barrier, double barrier, digital, Asian)
  • Futures
  • Exchange Traded Options
  • Average Price Contracts
  • Inventory

Base Metals

  • Metal OTC Swaps
  • Metal OTC Options (Caps, Floors, Collars, Corridors, Barriers, Asian, European)
  • LME and COMEX Listed Metal Futures and Forwards
  • Inventory
  • Physical Metal Trade Capture
    • By Geographic Location
    • By Quality/Specification
    • Multiple Pricing Methods - Fixed, Formula

To manage your precious and base metal positions, Findur provides an extensive array of tools:

  • Quick Trade Entry Blotters
  • Position Reports
  • Advanced Trade Analytics and Deal Pricing
  • Physical Inventory Management Tools
  • Cash Management
  • Bullion Management Facilities
  • Contract Management
  • Automated Cash Settlement of Precious Metal Weight Differences
  • Aggregated Price and Rate Risk Reports
  • Flexible Market Modeling Facilities
    • Synthetic Lease Rate and GOFO
    • Location Spreads
    • Quality/Product Spreads
    • Interest Rate/Yield Curves
  • Powerful Analytics Capturing both Physical and Financial Metal Risk
  • Invoicing, Payments and Confirmations
  • Real-Time Credit and Market Risk Monitoring