Entering Spots
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 |