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Trade Routes are typically defined by the market (by the data provider) or by your internal risk management team. Trade Routes are based on Vessel Type and have different units of measure ($/day, $/ton, $/mt, or Worldscale), usually based on the area or the start and end points of the itinerary.

Before a Trade Route is defined, ensure that the Market and Market Index exist for the specific route.

In the Trading module center , under Data, click Trade Route.

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The trade routes are universal for all markets specified as Freight.

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Expand
titleRelated Configuration Flags


NameDescription
Enable Trading Net P&L Fields

When enabled:

  • Net Contract Rate, Net Market Rate, Net P&L Less Commissions, and Parent Contract ID fields are added to the Trading P&L Summary and Trade Details list.
  • A Ttl Comm. column appears on the Trade Route form, in which you can manually capture market commission percentage to be used for the Net Market Rate calculation on the Trade Details list.