How-to: Deal input FX

Created by Erik Åkerlund, Modified on Mon, 20 Feb, 2023 at 2:28 PM by Erik Åkerlund

In this article we will explain how to enter an FX deal. FX spot and forward (outright) are entered in the registration form called Foreign Exchange Transactions. FX Swaps and forward/forward transactions are entered in Foreign Exchange Swaps.

Here's how it works:

Set up the instrument data
Go to Deal input > Foreign Exchange Transaction or Swap
Start by selecting an instrument from the list in the instrument field or type the name of the instrument.
Use the TAB key and the system will move the cursor to next relevant field.
Enter relevant fields for the FX deal, for details see Reference/Commands below. The registration form will make sure that all data necessary for dealing and processing is entered and that no invalid data is entered.

Optional check boxes:

Create Mirror: Check to create a mirror deal with another counterpart, extra field will be shown in the form
Create Request: Only used by customers with Subsidiary version, check to create a request (check box can be hidden in System Parameters)

The IR fields are optional and can be used to calculate interest rate risk in a risk analysis. Enter the interest rate (IR) manually for one of the two currencies. The other one is calculated.

Parameter	Definition
Maturity rate	Displays the Spot at maturity rate set in Back Office - Confirm close.
IR diff	Is automatically calculated based on the swap points and the number of days (Non-enterable field).
IR fields	Are optional and automatically calculates interest difference based on the swap points and the number of days (Non-enterable field). It can be used to calculated interest rate risk in a risk analysis. Enter the interest rate (IR) manually for one of the two currencies. The other one is calculated. Note, you have to enter a yield curve in instrument data for the system to be able to automatically calculate the interest difference by pressing key F5.
Ext reference	If Field "Ext reference" is activated in system parameters, the external trading plattform reference number will be shown e.g. FX all, 360T, SEB, Nordea, Handelsbanken ect.
Status	REG – Changes allowed. CONFIRMED/COMPLETED – No changes allowed. Displays the user who entered the deal and the date the deal got it´s current status.