ASTERION · TRADEIQ
Module 15 — Commodity Trade Desk

Commodity Trade Desk

From first contact to settled cash: one governed desk for gold, gasoil, sulphur and manganese ore, with every price recomputed server-side and every change on the record.

Download the product overview (PDF)
THE TRADE DESK BLIND SPOT

The book lives in spreadsheets and the price lives in somebody's head

Margins get decided in a message thread and recorded, if at all, in a spreadsheet only its author can reconstruct. Deals sit at different stages with no single view of which are real and which are hopeful. Prices are recalculated by hand, differently each time. Payment order is a matter of memory. When a counterparty, a bank or a regulator asks how a figure was arrived at, the answer has to be rebuilt from correspondence.

The number on screen and the number that binds disagree

A margin worked out in a spreadsheet isn't the margin the business is held to, and nothing forces the two to reconcile before a quote goes out.

Stage is asserted, not derived

A pipeline that gets manually ticked tells you what someone remembered to update, which is a different thing from what the deal data supports.

Settlement order is discipline, not enforcement

Supplier paid first and release on full payment hold right up until the week they don't, and the exposure only becomes visible afterwards.

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Gates, derived automatically
Every deal moves from first contact to settled cash through seven gates computed from the deal's own data, never manually ticked.
WHAT IT DOES

What TradeIQ does

01

The seven-gate pipeline

First contact and structuring, documentation, pricing and quote, through to settlement. Each gate is derived from the deal's own data rather than ticked by hand, so the Control Tower shows the book as it actually is.

02

Pool-from-delta pricing

The supplier nets benchmark less supplier discount, the buyer pays benchmark less buyer discount, and the pool is the difference. Discounts can go negative to support premium markets, and transport is priced as its own leg rather than buried in the margin.

03

A server-authoritative engine

Figures in the browser exist for keystroke feedback only. The server recomputes on every save, and golden-vector tests pin the two together, so the number a trader is looking at is the number the desk will stand behind.

04

Enforced settlement order

No settlement action before the quote gate clears, the supplier is paid first, and release happens only once every leg is paid. Enforced by the server rather than by procedure.

05

An immutable audit log

Every commercial change, benchmark, discount, intermediary and settlement, written with before and after values, the actor and a timestamp. Any figure on the book can be defended line by line.

06

Live, licence-clean market data

Free feeds propose prices and a human applies the benchmark. The desk warns when a proposal is older than the configured benchmark instead of quietly applying a stale number.

07

Commodity as data

Grades, zones and required documents live in configuration rather than code, with AI-assisted authoring, so a new market takes days instead of a development cycle.

08

Document intelligence, gated

Contract and KYC documents are analysed and gated per document, which keeps both analysis spend and counterparty risk under deliberate control.

GOVERNANCE & STANDARDS

The frameworks this is built against

ISO 37301

Compliance Management

ISO 31000

Risk Management

King IV

Governance & Assurance

FICA-Aligned KYC

Counterparty Onboarding

ISO/IEC 27001

Information Security Management

Per-Tenant RLS

Isolation enforced at the database

PART OF THE PLATFORM

Standalone by design, connected by choice

Deals live in TradeIQ, so the desk keeps trading even if other services degrade. That's deliberate for a function where an outage stops revenue. Where the rest of the platform is present, the desk both grounds itself in it and feeds it.

TradeIQ LexSphere

Sale and offtake agreements are reviewed and held as governing paper, so the terms the desk prices against are the terms that were signed.

TradeIQ RevenueIQ

Settled trades and their pricing evidence give billing assurance a reference value with a traceable origin rather than an assumed rate.

TradeIQ MineIQ

Production and material movement connect the tonnes leaving the operation to the volume sold, closing the gap between what was mined and what was traded.

TradeIQ NexusCore

Open volume, pool per currency and gate movement join the operating picture, so commercial exposure reads as an operational signal.

WHO USES TRADEIQ

Who uses it

Brokers and traders

An in-app assistant and command palette for the daily workflow, with pricing that agrees between what's quoted and what's recorded.

Trade-house principals

A Control Tower across every open deal and commodity: a live, provable picture of the whole book rather than a reconstruction at month end.

Finance and settlements

Portfolio KPIs grouped strictly per currency and never summed across them, with settlement sequence enforced rather than trusted.

Compliance, banks and counterparties

A complete audit trail on every commercial change, built for the scrutiny that regulatory, banking and counterparty review actually apply.

GET STARTED

Start with your live book on the desk

We load the deals you're already running. Open positions get the pricing identity applied, and the gates fall out of the data, so the first thing you see is your own book priced consistently and staged by evidence rather than by recollection.

Every deal, priced right and paid in order.

Commodity authoring

Your grades, zones and document requirements captured as configuration, with the first market live in days.

Pricing reconciliation

The pool-from-delta identity applied to open deals, with server and trader figures pinned together by golden-vector tests.

A settlement dry run

Payment sequence and release conditions walked through against a real deal before any cash moves.