Definition: EOD (end-of-day) P&L (profit and loss) calculation refers to the process of computing the total profit or loss of a portfolio, position, or fund after the market closes. Traders, risk managers, accountants and other teams depend on this metric to understand and analyze performance.
Example: Components of the EOD P&L calculation include a security’s closing price, mark-to-market (derivative positions), and aggregation (for portfolio P&L), as well as realized P&L (from completed trades) and unrealized P&L (from held positions that change value).
Explore IVP Middle Office Services:
IVP’s Middle Office Services offer a fully scalable and customizable service that allows all kinds of asset managers to significantly improve operational efficiency and transparency. By outsourcing critical middle office processes, firms can complete EOD P&L calculations more accurately. Our comprehensive suite of middle office services encompasses everything from trade lifecycle management and corporate actions processing to asset lifecycle management.
