Foreign exchange

• Cash, spot, forwards, swaps, options forwards, cash deals and tomorrow cash deals
• Deal rates calculated - if the rate entered is outside a predefined tolerance, the user is notified and user-defined action is required

Money market

• Primary money-market transactions, fixed or call basis
• Acceptances, placements and discounted transactions handled; deals can be marked as Clean or Under-Lien
• Interest calculation: 30/360, 30/365 or actual/365 basis
• Interest payments can be at maturity or at rollover
• Fixed-rate, floating from start of transaction, floating with periodic rate fixes based on interest-fixing dates determined by user
• Repayments can be early, full or partial, rollover with interest, or commissions

Functionality

• Online, real-time deal entry and position keeping
• Online, real-time limits and risk management
• Automated revaluation, accrual and accounting processes
• Single-screen swap entry
• Customer margin trading supported
• Flexible commissions and charges structure
• Profitability calculation by individual deals or groups of deals (foreign exchange and money market)
• Calculation of overall gains/losses across currency and interest-rate components of a deal