FX Spot

The date when the contract takes place, i.e. the spot date. For FX Spot, the cashflow transactions occur on the contract date.

The date when the contract cashflows settle. The settlement date is pre-filled after selecting the contract date. The settlement date is calculated by adding 2 business days to the contract date (settlement date = contract date + 2D), by default considering weekends in Saturday/Sunday holiday calendar, or if the involved currency/currencies have already been filled in, the combined holiday calendars linked to the selected currencies (i.e. if EUR and USD are using a different holiday calendar, a day is considered a holiday if it is a holiday in either of the involve currencies' holiday calendar). You can also calculate the settlement date with a question mark (?), when the system calculates the settlement date again with the above logic (especially useful if you change the involved currencies and want to make sure afterwards the settlement date is still correct with their linked holiday calendars).

Allows you to select the direction of the first cashflow, i.e. whether the currency and amount you enter on the same row next to the field are "buy" or "sell".

Select the currency of the first cashflow, i.e. the currency you are buying / selling.

Define how much of the selected currency you are buying / selling.

Define the spot FX rate, i.e. the price you agreed to do the exchange between the two currencies you selected. The FX rate is used to convert the amount you have entered on the upper row to the amount on the lower row. The caption of the field indicates the currency cross you should fill in, and you can also fetch the FX rate with a question mark (?), when the system fetches the latest available price for the contract date from the currency cross.

Pre-filled to be opposite to the buy / sell selection you made above. Determines the direction of the second cashflow, i.e. whether the currency and amount you enter on the same row next to the field are "buy" or "sell". If you change this selection, the above buy / sell selection is changed accordingly.

Define how much of the selected currency you are buying / selling. This amount is pre-filled based on the amount you entered on the upper row and the FX rate you defined. If you update this amount, the system automatically calculates the FX rate to ensure all calculations match.

Select the account you want to direct the cashflow in the selected currency to. The account selections always correspond to the cashflow you have defined on the same row on the left, and the caption of the Account field indicates which currency cashflow you should select the account for. The dropdown lists accounts in the selected currency within your selected portfolio, and the account filed is pre-filled if your selected portfolio only has one account in the selected currency.