Entering Foreign Exchange Deals Examples
This topic discusses how to:
Enter foreign exchange physicals with domestic currency and foreign currency.
Enter foreign exchange physicals with two foreign currencies.
Enter spots.
Enter forwards.
On April 5, 2000, you receive an order to purchase 1 million JPY at a spot rate of 102%, and sell 10 thousand USD at a forward rate of 100%. The spot date is April 7, 2000, the swap term is 10 days, and the maturity date is April 17, 2000.
|
Page |
Field |
Field Value |
|---|---|---|
|
Deal Detail |
|
|
|
|
Unit |
US001 |
|
|
Deal ID |
TFX1 |
|
|
Instrument Type |
FX FWD |
|
|
Transaction Date |
04/05/2000 |
|
|
Instrument Base Type |
FX Deal Physical |
|
FX Details |
|
|
|
|
Foreign (group box) |
|
|
|
Buy |
Selected |
|
|
Currency |
JPY |
|
|
Amount |
1,000,000.00 |
|
|
Spot Rate |
102 |
|
|
Spot Date |
04/07/2000 |
|
|
Term |
10 |
|
|
Domestic (group box) |
|
|
|
Sell |
Selected |
|
|
Currency |
USD |
|
|
Amount |
10,000.00 |
|
|
Forward Rate |
100.0 |
|
|
Maturity Date |
04/17/2000 |
|
|
Accounting Treatment |
Held to Maturity |
|
|
Counterparty |
USBNK |
|
|
Issuer |
USBNK |
|
|
Guarantor |
USBNK |
|
|
Description |
Buy JPY 1.0m. Sell USD 10k. @ 100 2000-04-17 |
|
|
Deal Status |
Matured |
|
Page |
Field |
Field Value |
|---|---|---|
|
Settlement Instructions page |
||
|
Payment Information |
||
|
Our Settle Thru SetID |
SHARE |
|
|
Our Settle Thru Bank |
USBNK |
|
|
Our Settle Thru Account |
CHCK |
|
|
Counterparty's Instructions |
USBKS |
|
|
Payment Method |
Wire Transfer |
|
|
Layout |
820 |
|
|
Receipt Information |
||
|
Our Settle Into SetID |
SHARE |
|
|
Our Settle Into Bank |
USBNK |
|
|
Our Settle Into Account |
JCHK |
|
|
Our Settlement Instructions |
USBKJ |
|
Page |
Field |
Field Value |
|---|---|---|
|
Cash Flows |
|
|
|
|
Settlement Date Description Amount Currency |
04/17/2000 Buy 1,000,000.00 JPY |
|
|
Settlement Date Description Amount Currency |
04/17/2000 Buy 1,000,000.00 USD |
|
|
Settlement Date Description Amount Currency |
04/17/2000 Sell -1,000,000.00 USD |
|
|
Settlement Date Description Amount Currency |
04/17/2000 Sell -10,000.00 USD |
On April 30, 2003, you receive an order to purchase 1 million JPY and sell 15,000 CAD. The a spot rate is 1.75 %, the forward rate is 1.5%, and the spot date is May 1, 2003 with a term of 60 days.
|
Page |
Field |
Field Value |
|---|---|---|
|
Deal Detail |
|
|
|
|
Unit |
US001 |
|
|
Deal ID |
365 |
|
|
Instrument Type |
FX FWD |
|
|
Transaction Date |
04/30/2003 |
|
|
Instrument Base Type |
FX Deal Ph |
|
FX Details |
|
|
|
|
Foreign (group box) |
|
|
|
Buy |
Selected |
|
|
Currency |
JPY |
|
|
Amount |
1,000,000.00 |
|
|
Spot Rate |
1.75 |
|
|
Spot Date |
05/01/2003 |
|
|
Term |
60 |
|
|
Foreign2 (group box) |
|
|
|
Sell |
Yes |
|
|
Currency |
CAD |
|
|
Amount |
15,000.00 |
|
|
Forward Rate |
1.5 |
|
|
Maturity Date |
06/30/2003 |
|
|
Accounting Treatment |
Trading |
|
|
Counterparty |
USBNK |
|
|
Issuer |
USBNK |
|
|
Guarantor |
USBNK |
|
|
Description |
Buy JPY 1.0m. Sell CAD 15k @ 1.5 2003–06–30 |
|
|
Deal Status |
Open |
|
Page |
Field |
Field Value |
|---|---|---|
|
Settlement Instructions page |
||
|
Payment Information |
||
|
Our Settle Thru SetID |
SHARE |
|
|
Our Settle Thru Bank |
USBNK |
|
|
Our Settle Thru Account |
CAN |
|
|
Counterparty's Instructions |
USCA2 |
|
|
Payment Method |
Wire Transfer |
|
|
Layout |
PAYMENTEIP |
|
|
Receipt Information |
||
|
Our Settle Into SetID |
SHARE |
|
|
Our Settle Into Bank |
JPBNK |
|
|
Our Settle Into Account |
CHCK |
|
|
Our Settlement Instructions |
TJPN2 |
|
Page |
Field |
Field Value |
|---|---|---|
|
Cashflows |
|
|
|
|
Settlement Date Description Amount Currency |
06/30/2003 Buy 1,000,000.00 JPY |
|
|
Settlement Date Description Amount Currency |
06/30/2003 Sell –15,000.00 CAD |
On April 30, 2003, you receive an order to purchase 16 million CAD and sell 10 million USD. Both the a spot rate and forward rate is 1.6%, and the spot date is May 1, 2003 with a term of 4 days.
|
Page |
Field |
Field Value |
|---|---|---|
|
Deal Detail |
|
|
|
|
Unit |
US001 |
|
|
Deal ID |
366 |
|
|
Instrument Type |
FX SPOT |
|
|
Transaction Date |
04/30/2003 |
|
|
Instrument Base Type |
FX Deal Physical |
|
FX Details |
|
|
|
|
Foreign (group box) |
|
|
|
Buy |
Yes |
|
|
Currency |
CAD |
|
|
Amount |
16,000,000.00 |
|
|
Spot Rate |
1.6 |
|
|
Spot Date |
05/01/2003 |
|
|
Term |
4 |
|
|
Domestic (group box) |
|
|
|
Sell |
Yes |
|
|
Currency |
USD |
|
|
Amount |
10,000,000.00 |
|
|
Forward Rate |
1.6 |
|
|
Maturity Date |
05/05/2003 |
|
|
Accounting Treatment |
Trading |
|
|
Counterparty |
USBNK |
|
|
Description |
Buy CAD 16.0m. Sell USD 10.0m. @ 1.6 2003–05–05 |
|
|
Deal Status |
Open |
|
|
Net Deal Settlement Cashflows |
Selected |
|
Page |
Field |
Field Value |
|---|---|---|
|
Settlement Instructions page |
||
|
Payment Information |
||
|
Our Settle Thru SetID |
SHARE |
|
|
Our Settle Thru Bank |
USBNK |
|
|
Our Settle Thru Account |
CHCK |
|
|
Counterparty's Instructions |
USBKS |
|
|
Payment Method |
Wire Transfer |
|
|
Layout |
820 |
|
|
Receipt Information |
||
|
Our Settle Into SetID |
SHARE |
|
|
Our Settle Into Bank |
USBNK |
|
|
Our Settle Into Account |
CAN |
|
|
Our Settlement Instructions |
USCA1 |
|
Page |
Field |
Field Value |
|---|---|---|
|
Cashflows |
|
|
|
|
Settlement Date Description Amount Currency |
05/05/2003 Buy 16,000,000.00 CAD |
|
|
Settlement Date Description Amount Currency |
05/05/2003 Sell –10,000,000.00 USD |