Home

About Us

PnL Explained Professionals FAQ

Site Map

Membership

Contact Us

 

PnL Explained FAQ

MTM Explained

Greeks Explained

Trade Type Reference

Glossary

 

Welcome to the PnL Explained Professionals Home Page! 

 

New for August 2020

1) New Page:  Option Pricing Models

2) New Page:  Intro to CTRM Software   CTRM = Commodities Trading & Risk Management

3) New Page:  Intro to Volatilities   

4) Started updating our look and feel to something more modern*.

 

Our Mission

a) Educate the world about PnL explained reporting (a.k.a. PnL Explain/PnL Attribution/P&L Explained/P&L Attribution/Profit and Loss Explained)

b) Provide a forum for PnL Explained Professionals to share information and help them meet their professional goals.

c) Provide credentials to professionals to help demonstrate that they have reached a minimum level of proficiency in PnL explained reporting.

 

Our Motto

Res Non Ipsa Loquitur

 

PnL Explained

Profit and/or Loss (PnL) Explained also called P&L Attribution is a type of report commonly used by traders, especially derivatives (swaps and options) traders, that attributes or explains the daily fluctuation in the value of a portfolio of trades to the root causes of the changes.  PnL is usually defined as value today minus value from prior day.  PnL Explained is defined at a high level as

 

or in more detail:

For more, see PnL Explained FAQ and PnL Explained Glossary

 

And also see MTM Explained and Greeks Explained

 

Home

Site Map

Contact Us

         

 

 

 

 

 

 

* That includes, for example a font change from Calibri to Verdana.  Sorry Calibri, we had some good times together, but I have moved on.

 

This website last updated August 2020