TRP NAV Curve
Your account value from your admission date. Participant track only.
Your NAV
Capital Architecture
Reserve, trading allocation, margin and exposure — always tracked separately.
Margin utilisation of trading allocation
NAV = Opening Capital + Realized P&L + Unrealized P&L − Fees
Open Positions Snapshot
Current exposure replicated from the Terralix master trade stream.
| Metal | Direction | Lots | Entry | Mark | Margin | Unrealized P&L | Ref |
|---|
Live Book
Positions currently in your participant shadow account. All prices from the live Terralix feed.
Immutable Trade Ledger
Every execution is permanently timestamped. Corrections create new amendment events — the original record is never overwritten.
| Trade Ref | Metal | Side | Lots | Exec Price | Exec Time | Unrealized P&L | Status |
|---|
Performance Decomposition
Three separate return measures prevent leveraged margin returns being confused with account-level returns.
| Measure | Formula | Result |
|---|
Monthly Returns
Monthly closing NAV return for this participant account.
Participant Account
Your personal TRP account details and admission record.
Admission Method
Internal TRP Controls
Live system health — reconciliation and verification status.
Trade Lifecycle State Machine
Every master trade follows this sequence before reaching your account.
Executed
Actual Terralix trade completed on the execution venue.
Captured
Execution written to the TRP master ledger by the TEO.
Verified
Price, quantity, prompt and broker reference checked by Programme Admin.
Published
Eligible participant accounts receive the replicated position.
Marked
P&L recalculates from live price feed every 15 minutes.
Closed
Exit event converts unrealized P&L to realized P&L.
Reconciled
TRP ledger and broker statement agree.
Disclosure Classification
TRP always distinguishes executed from modelled performance.
Executed Terralix Trade
ACTUAL
Source: broker / execution system
Your Participant Account
SHADOW / MODEL
Replicated from master execution record
All disclosures, investor classifications and marketing language should be reviewed by Terralix legal/compliance before external distribution.