Soft Dollar Commission Reporting

Another soft dollar system was produced is linked directly to a salesperson’s commission to ensure that soft dollar credit is accounted for so monthly commission statements can be adjusted. As in other programs of this nature, invoices are maintained and soft dollar credit is calculated to ensure that a customers positions are in balance. However, the tagging of trades is performed on a month end basis by presenting all trades to be marked and along with a displayed running total, the salesperson can keep the revenue/payment numbers equal.