If you trade multiple instruments with exposure in multiple currencies, then you’ll know that part of the game plan is applying valuations with currency conversions. Through Spotfire® Streaming, which is integrated into our CYBMIND software, this process will allow for real-time monitoring of trading allocations and returns, with your data streamed to a treemap chart.
Why Treemaps Can Be Powerful Tools for Yout Financial Trading
Treemap charts are best described as groups of rectangles that allow you to easily visualise and compare hierarchical data. In essence, these are defined by three characteristics:
- The rectangle’s size tells you the proportion to the numerical value monitored;
- The rectangle’s colour – which can be fixed, in gradient, or segmented – is associated with a quantitative variable; and
- The multi-layers show the hierarchically organised data via nested rectangles that group and monitor it by categories and sub-categories.
As such, when trading multiple instruments in multiple currencies, treemaps can be a fantastic alternative to long data tables. Through them, you can visually monitor many metrics, including your gross and net allocations, gross and net returns, the traded volume, costs, and risk parameters.
Yet, treemaps require data to be built, and that’s where our investment strategy automation software, CYBMIND, with integrated Spotfire® Streaming, comes in.
CYBMIND, With Integrated Spotfire®, Helps You With The Real-Time Monitoring of Trading Allocations and Returns
CYBMIND has the capability to connect to various sources, gather data that’s relevant to you, and then group, compare and contrast it based on your exact requirements. More importantly, it does so in real-time, meaning that it can populate and alter your treemap constantly, allowing you to make decisions based on data that is relevant to the here-and-now.
This is just the beginning, however, as CYBMIND has features that let you monitor the P&L of each single position, as well as the aggregated net P&L in real-time. It can also be used to manage FX swap costs, and to automate your investment, financial, and hedging process, making trading faster, more accurate, and, in many ways, easier than ever.
Improve Your Real-Time Trading Through Spotfire® in CYBMIND
We’re very proud of our CYBMIND software, especially as its integrated Sportfire® Streaming capabilities give users the tools to harness the power of their data and improve their trading.
So, what are you waiting for? Get in touch with us to discover how our software can help you take your trading to the next level.