Maturing FX deals

In the Maturing FX deals edger all maturing FX deals will be shown. There is a possibility to rollover and settle the deals from the ledger. If hedge accounting is applied there is a functionality to roll over FX deals and keep the original hedging rates through out the chain of FX deals.

In the view Deal action, all Internal FX deals that are due today and two business day ahead are shown in this ledger. This is the default setting but can be amended after customer needs. 

Select the deal that should be handled,  select action.

Note! It is the Deal amount in the deal currency that is handled

• Early Settle
  • Select the amount  that should be settled ( Maximum amount is the remaining deal amount)
  • Select maturity date (it must be between today and before the maturity date) 
  • Process actions for rows 
  • Treasury Systems will:

Create a swap- request accordingly to the selected values  and the remaining amount (if any) of the original deal will remain in the maturing FX tab.

The new request will be saved and handled according to the request rules.

A hyper link will be shown on the new swap "Settled by" that links back to the initial trade.

On the original trade a hyperlink "Settled" will be created and link to the rolled swap.

• Rollover
  • Select amount to rollover
  • Select the new maturity date (must be after original maturity date)
  • Process action for rows
  • Treasury systems will: 

Create a new swap-request accordingly to the selected values and be moved to the handled deals tab. 

The new request will be saved and handled according to the request rules.

A hyper link will be shown on the new swap "Rolled over from" that links back to the initial trade.

On the original trade a hyperlink "Rolled over to" will be created and link to the rolled swap.

• Settle at Maturity Date
  • Process action for rows
  • Treasury System will move the deal to the handled deals tab.

Note! that the Hedge rate from the original deal will be saved also on the new deal.

The hedge rate is shown in the advanced tab and will follow subsequent trades.