{"id":2630,"date":"2024-12-27T10:00:16","date_gmt":"2024-12-27T08:00:16","guid":{"rendered":"https:\/\/www.cobicon.de\/?p=2630"},"modified":"2025-01-27T13:56:25","modified_gmt":"2025-01-27T11:56:25","slug":"flexible-period-determination-post","status":"publish","type":"post","link":"https:\/\/www.cobicon.de\/en\/flexible-period-determination-post\/","title":{"rendered":"Flexible Period Deter\u00admi\u00adnation"},"content":{"rendered":"<p>With this solution you can customize how periods for Derivative Contract Speci\u00adfi\u00adcation should be derived. It offers a broad set of rules that cover defini\u00adtions from major exchanges.<\/p>\n<p>&nbsp;<\/p>\n<h1>Benefits<\/h1>\n<h2><span class=\"benefit-feature__title\">No Need to Manually Maintain DCS Periods<\/span><\/h2>\n<p><span class=\"benefit-feature__description\">Maintaining DCS Periods manually is an additional regular manual effort, as it needs to happen as soon as new maturity is available. Further SAP considers the periods to be custo\u00admizing, which makes it not only necessary to maintain the periods, but also to transport them to Production. This solution takes that burden by providing the option to customize the rules for deter\u00admi\u00adnation once and have the periods be derived automa\u00adti\u00adcally.<\/span><\/p>\n<p>&nbsp;<\/p>\n<h2><span class=\"benefit-feature__title\">No Need to Develop your own Deter\u00admi\u00adna\u00adtions<\/span><\/h2>\n<div><span class=\"benefit-feature__description\">Developing your own Deter\u00admi\u00adna\u00adtions gives you flexi\u00adbility, but also requires additional development everytime a new DCS is intro\u00adduced. This solution allows you to introduce new DCS without the need of new develo\u00adp\u00adments, but instead only by custo\u00admizing the period deter\u00admi\u00adnation rules.<\/span><\/div>\n<p>&nbsp;<\/p>\n<h2><span class=\"benefit-feature__title\">Define Periods Exactly the Way You Need Them<\/span><\/h2>\n<div><span class=\"benefit-feature__description\">Sometimes the periods from the exchange are not fitting your business needs to 100%. With this solution you can address that by defining the period deter\u00admi\u00adna\u00adtions in a way that suits you best. For example you could define an additional offset for the start of the contract period.<\/span><\/div>\n<p>&nbsp;<\/p>\n<h1>Features<\/h1>\n<h2><span class=\"benefit-feature__title\">Define DCS Periods based on Rules<\/span><\/h2>\n<p><span class=\"benefit-feature__description\">A DCS always consists of a set of periods which are defined by the exchange. To maintain them SAP offers Option to maintain them manually, use one of the standard defini\u00adtions, or code your own derivation logic. With this solution you can customize them once and periods will be derived automa\u00adti\u00adcally.<\/span><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-2672\" src=\"https:\/\/www.cobicon.de\/wp-content\/uploads\/fpd_maintain_in_fdcs01.png\" alt=\"The SAP interface seamlessly integrates DCS, showcasing derivative contract specifications with details like contract type, period settings, and rule assignment. Fields for contract condition and period types are also available for comprehensive management.\" width=\"2101\" height=\"1465\" srcset=\"https:\/\/www.cobicon.de\/wp-content\/uploads\/fpd_maintain_in_fdcs01.png 2101w, https:\/\/www.cobicon.de\/wp-content\/uploads\/fpd_maintain_in_fdcs01-1280x893.png 1280w, https:\/\/www.cobicon.de\/wp-content\/uploads\/fpd_maintain_in_fdcs01-980x683.png 980w, https:\/\/www.cobicon.de\/wp-content\/uploads\/fpd_maintain_in_fdcs01-480x335.png 480w\" sizes=\"(min-width: 0px) and (max-width: 480px) 480px, (min-width: 481px) and (max-width: 980px) 980px, (min-width: 981px) and (max-width: 1280px) 1280px, (min-width: 1281px) 2101px, 100vw\"><\/p>\n<p>&nbsp;<\/p>\n<h2><span class=\"benefit-feature__title\">Define Periods for All Different Derivative Categories of a DCS<\/span><\/h2>\n<p><span class=\"benefit-feature__description\">This solution covers all available Derivative Categories that a DCS can have. Periods can be defined for Commodity Future DCS, Commodity Forward Index DCS as well as for Listed Options DCS<\/span><\/p>\n<p>&nbsp;<\/p>\n<h2><span class=\"benefit-feature__title\">Covers Rules from a Broad Range of Exchanges<\/span><\/h2>\n<p><span class=\"benefit-feature__description\">Each Exchange has its own set of rules that they use to determine the periods for their contracts. This solution supports a variety of rules that limits its capabi\u00adli\u00adtites not only to ICE and CME. Instead it supports lots of exchanges like for example Osaka Exchange and Zhengzhou Commodity Exchange.<\/span><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-2633\" src=\"https:\/\/www.cobicon.de\/wp-content\/uploads\/fpd_define_rule_enh.png\" alt=\"Screenshot einer SAP-Schnittstelle, die Datenbanktabelleneinstellungen f\u00fcr Monatsregeln anzeigt, einschlie\u00dflich Optionen zur Zeitraumbestimmung wie Handelsdatumstyp, Ausgleichstage und flexibler Gesch\u00e4ftstagskonfigurationen.\" width=\"1280\" height=\"720\" srcset=\"https:\/\/www.cobicon.de\/wp-content\/uploads\/fpd_define_rule_enh.png 1280w, https:\/\/www.cobicon.de\/wp-content\/uploads\/fpd_define_rule_enh-980x551.png 980w, https:\/\/www.cobicon.de\/wp-content\/uploads\/fpd_define_rule_enh-480x270.png 480w\" sizes=\"(min-width: 0px) and (max-width: 480px) 480px, (min-width: 481px) and (max-width: 980px) 980px, (min-width: 981px) 1280px, 100vw\"><\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>With this solution you can customize how periods for Derivative Contract Speci\u00adfi\u00adcation should be derived. It offers a broad set of rules that cover defini\u00adtions from major exchanges. &nbsp; Benefits No Need to Manually Maintain DCS Periods Maintaining DCS Periods manually is an additional regular manual effort, as it needs to happen as soon as [\u2026]<\/p>\n","protected":false},"author":6,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","wp_typography_post_enhancements_disabled":false,"footnotes":""},"categories":[12],"tags":[],"class_list":["post-2630","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Flexible Period Determination &#8226; cobicon<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.cobicon.de\/en\/flexible-period-determination-post\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Flexible Period Determination &#8226; cobicon\" \/>\n<meta property=\"og:description\" content=\"With this solution you can customize how periods for Derivative Contract Speci\u00adfi\u00adcation should be derived. It offers a broad set of rules that cover defini\u00adtions from major exchanges. &nbsp; Benefits No Need to Manually Maintain DCS Periods Maintaining DCS Periods manually is an additional regular manual effort, as it needs to happen as soon as [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.cobicon.de\/en\/flexible-period-determination-post\/\" \/>\n<meta property=\"og:site_name\" content=\"cobicon\" \/>\n<meta property=\"article:published_time\" content=\"2024-12-27T08:00:16+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-01-27T11:56:25+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.cobicon.de\/wp-content\/uploads\/fpd_maintain_in_fdcs01.png\" \/>\n\t<meta property=\"og:image:width\" content=\"2101\" \/>\n\t<meta property=\"og:image:height\" content=\"1465\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Sebastian\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Sebastian\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.cobicon.de\/en\/flexible-period-determination-post\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.cobicon.de\/en\/flexible-period-determination-post\/\"},\"author\":{\"name\":\"Sebastian\",\"@id\":\"https:\/\/www.cobicon.de\/en\/#\/schema\/person\/78fd931323eb400d679e1d12504a14ff\"},\"headline\":\"Flexible Period Deter\u00admi\u00adnation\",\"datePublished\":\"2024-12-27T08:00:16+00:00\",\"dateModified\":\"2025-01-27T11:56:25+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.cobicon.de\/en\/flexible-period-determination-post\/\"},\"wordCount\":377,\"publisher\":{\"@id\":\"https:\/\/www.cobicon.de\/en\/#organization\"},\"image\":{\"@id\":\"https:\/\/www.cobicon.de\/en\/flexible-period-determination-post\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.cobicon.de\/wp-content\/uploads\/fpd_maintain_in_fdcs01.png\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.cobicon.de\/en\/flexible-period-determination-post\/\",\"url\":\"https:\/\/www.cobicon.de\/en\/flexible-period-determination-post\/\",\"name\":\"Flexible Period Determination &#8226; 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