What is Instrument P/L?

Instrument P/L the change in the value of a position, taking into account costs associated with (e.g commissions) or income earned (e.g realised P/L) on that position. Instrument P/L can be viewed on Account level or for aggregated accounts; for a specific period in time e.g. Last year. The total sum of all Instrument P/L on the Account makes up the Position P/L shown in the Account Value summary.

The module shows the total Instrument P/L for each product class invested in within that specified time period.

Clicking on the arrows will show the breakdown of the Instrument P/L for each security within the given product (asset class). 

The Instrument P/L for each individual position is calculated, and the sum of the Instrument P/L for the two positions is shown in the asset class. For a more detailed earnings breakdown of an individual instrument then press on the instrument name from the above screen which will open the earning breakdown module. Please see an example of the module below. 

The Profit / Loss for an instrument for a given time period is always calculated as:

 

The Transaction Value is subtracted from the Position Value when a buy transaction is executed, to reflect that the Account incurs a cost in adding the instrument to the Account (costs related to trading activities). Whilst the Transaction Value is added to the Position Value when a sell transaction is executed. This reflects that the Account gains revenue (realised profit/loss) from the sale of an instrument held.

Note that the Transaction Value includes trade-related costs such as share amount, commission, exchange fees, stamp duty etc.