Real-Time Exposure Monitoring for FX/CFD Brokers
Exposure that is measured once or twice a day is, by definition, out of date the moment market conditions shift. Tapaas revalues positions continuously, so exposure, PnL, and net open position reflect current market conditions rather than a stale snapshot from the last scheduled report.
How Tapaas Calculates Exposure
​Rather than treating these as abstract concepts, it is worth being specific about what is actually being calculated, since this is the layer most platforms leave vague:
Exposure (Market Value) is the total value of all open positions
Equity (GLV) is cash balance plus unrealised PnL
Day PnL is calculated as Realised PnL plus Unrealised PnL minus Previous Unrealised PnL
Volume is the volume of a symbol position in units, translated to USD in most cases
At end of day, all positions are revalued to the latest rate, swap is applied depending on when each platform has reported it, and cash amounts are accumulated under individual cash positions under balance. When a client’s position moves between books, Tapaas computes the unrealised PnL up to that point and retains it in the originating book, so book-level PnL history stays accurate even as clients are reassigned.
Core Features
Real-time position revaluation
Exposure and PnL update continuously as the market moves, not on a fixed schedule.
VaR Calculator (Premium)
Value-at-risk calculation for a clearer view of potential downside under different market scenarios.
Warehouse Risk Monitoring
Track aggregated exposure across the broker’s full book, not just individual client positions.
Book-Switching and Auto-Hedging (Premium)
Manage position transfers between books with PnL correctly retained at the point of transfer.
Spread & Tick Metrics
Monitor execution quality alongside exposure, rather than as a separate, disconnected report.
Why This Matters Beyond the Dashboard
A broker that can only see exposure as it stood at the last EOD report is, in practice, managing risk with a delay built into every decision. Real-time revaluation removes that delay entirely, which matters most on volatile trading days, when the gap between “what exposure looked like this morning” and “what exposure looks like right now” can be the difference between a manageable day and a costly one.
Frequently Asked Questions
Exposure (or Market Value) is the total value of all open positions. Equity (or GLV) is cash balance plus unrealised PnL. They are related but answer different questions: exposure describes market risk, equity describes account value.
No. End-of-day processes still matter for formal reconciliation, swap application, and reporting. Real-time monitoring changes what happens between those checkpoints, so risk decisions are not made blind in the hours in between.
VaR calculation is a Premium tier feature. Lower tiers still provide real-time exposure and PnL visibility without the value-at-risk scenario modelling.