This section provides a definition of all the field names on Foreign Exchange and Money Market screens. The fields are listed alphabetically and details of valid entries are given.
If the field is pre-filled with a value on the screen, or defaults to a value if left blank, these values are also given.
Many of the codes and mnemonics given may change when the system is installed at your bank.
Table 5–1. Definition of Field Names
Field Definition
ABTS Outstanding The total of all outstanding adjustments back to spot at the end of
day. This is shown for today and yesterday.
Accounting Centre This is the identifier of the Accounting Centre associated with the
contract. It is set up on the Accounting Centres Maintenance (ACNTM) screen. All Accounting Centres are linked to a location maintained in the Location Maintenance (LOCTM) screen. On contract add screens, this field is pre-filled with the Accounting Centre associated with your usercode on the Users Maintenance (USERS) screen.
For Foreign Exchange Inter-Accounting Centre Loan/Deposits, this identifies the accounting centre borrowing the funds (Produced Currency details) or lending the funds (Used Currency details). The 'Accounting Centre' field near the top of the screen identifies the third party (normally the FX accounting centre) that makes arrangements for the provision of the lent and deposited Foreign Exchange.
On the FX Position Installation Change (FXPSC) and the FX Profit Installation Change (FXPFC) screens, this is the mnemonic of the
Field Definition
Accrual Method This indicates the way that you want profit to be accrued:
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Spot Revaluation Undiscounted Special Deferred Profits Discounted Standard Undiscounted Standard NoneT
0 Spot Revaluation 1 Undiscounted Special 2 Deferred Profits 3 Discounted Standard 4 Undiscounted Standard 9 NoneYou can override the default accrual method when entering a new contract, unless the method is None.
Accrual Type This indicates which accrual type you wish to apply to the
contract:
• Interest is accrued at the end of the first online day during end- of-day processing and during every end-of-day until maturity; no interest is accrued for the Maturity Date itself
• Interest is accrued during the first beginning-of-day processing (at the start of the second day) and during every beginning-of- day after that including the last day (Maturity Date)
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FirstLast
T
F FirstL Last
Action This field is not used for foreign exchange or money market deals.
Add-On Adjustment The amount by which add-on is to be adjusted for the contract.
Add-On Rate The percentage rate of add-on to be included in the gross interest
rate for Money Market loans and deposits.
Allow Reversal This field contains information that will be sent to the rFrame
interface for inclusion in a statutory report, and is for the use of the rFRAME reporting utility only, not affecting any contract using this default. This field shows whether contracts of this type can be reversed.
For more information, see The rFRAME Interface in the Guide to Interfaces with External Systems.
AMADJ The sum of all amortised adjustment back to spot figures accrued
for this accounting centre. This is shown for today and this period and is used on the FX Profit Installation Change (FXPFC) screen.
AMADJ Adjustments The total adjustments to the amortised adjustments back to spot for
Field Definition Apply Nostro/Agent
to Forward Schedule
Determines whether settlement details are applied to all subsequent diaries, as well as the entered diary.
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On Applied to all diariesOff Applied to entered diary only
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Y Applied to all diariesN Applied to entered diary only
Available Amount When the screen is initially displayed, this field displays the amount
available before the client limit is exceeded. This amount is the "Current Limit" minus the "Current Exposure".
When you enter details of a new money market or interest bearing securities outline deal, but do not complete the "Confirm" field, then the available amount is updated to reflect any additional exposure that would be caused by the deal.
Bank Portfolio The Bank Portfolio is used to hold the Bank’s principal positions.
This field shows the identifier of the Bank Portfolio to which this deal belongs. The identifier is defined on the Portfolio Definition
(PFDFM) screen.
On contract add screens, this field is pre-filled with the Portfolio associated with your usercode on the Users Maintenance (USERS) screen.
Base Currency Equivalent
This allows the display of the base currency equivalent for Foreign Exchange Positions. If the Base Currency Equivalent is selected, the positions for each foreign currency are displayed as amounts in the base currency, rather than the foreign currency.
Base Rate Number The number of the base rate used for the contract. These are set
up on the Base Rates (BASE) screen.
Base Rate Variation This indicates the percentage variation from the rate identified by
the "Base Rate Number" and whether the rate variation is added or subtracted. This field comprises two parts:
The first indicates whether the variation is to be added to (+) or subtracted from (-) the rate used for the contract. The second indicates the amount of the variation.
BMA Netting Flag This field contains information that will be sent to the rFrame
interface for inclusion in a statutory report, and is for the use of the rFRAME reporting utility only, not affecting any contract using this default. This field shows whether contracts of this type are allowed to be netted.
Field Definition Bought/Used
Currency
The mnemonic of the bought currency. Currency mnemonics are set up on the Currencies (CCYS) screen.
Broker or Via This field shows either the broker that arranged the contract, or the
method by which the contract was arranged. The field can contain one of the following
• The nickname of the broker through which the contract was
arranged. These are set up on the Broker Maintenance (BRKRM) screen. • ELEC • PHON • REUTERS • SWIFT • TELEX
If you are not entering a brokerage amount, the entry in this field is used for documentary purposes.
See Brokerage Method.
Brokerage Amount The amount of brokerage to be paid on the contract. See Brokerage
Method.
Brokerage Currency The mnemonic of the currency in which the brokerage amount is
entered. Currency mnemonics are set up on the Currencies (CCYS) screen. See Brokerage Method.
Brokerage Method A code identifying the method used to calculate brokerage rates.
This is defined by the user on the FX and NON-FX Brokerage Tables (FXBR and NONFX). In conjunction with the contract type and broker number it constitutes the key to the method by which brokerage is calculated.
The brokerage fields are entered in the following combinations:
• Complete the Broker or Via and Brokerage Method fields if you
want the brokerage to be calculated automatically.
• Complete the Broker or Via, Brokerage Currency and Brokerage
Amount fields if you want to enter the brokerage amount.
• If you do not want to enter a brokerage amount, only complete the Broker or Via field.
If you are not entering any brokerage details, leave all the brokerage fields blank.
Cash The current Foreign Exchange cash position of the currency shown.
Charge Amount The amount of the charge for the commercial market Foreign
Exchange deal. Charge/ Commission
Currency
The currency in which charges and commission are paid. Currencies are set up on the Currencies (CCYS) screen.
Client City The client's city of residence. These cities are set up on the General
Field Definition
Client Portfolio The Client Portfolio is used to hold a client’s positions. This field
shows the identifier of the Client Portfolio to which this deal belongs. The identifier is defined on the Portfolio Definition (PFDFM) screen.
Client Shortname The shortname of the client.
Comments This is a free format field used to make a positive statement as part
of the dealing conversation as per customer instructions. The following rules are applicable while entering data in this field: 1. The contract will not be processed if anything at all is entered
into this field.
2. The contract will be processed if this is left blank 3. The contract will be processed if the first three characters
entered are "STD" followed by a blank space and then the comment.
Any comments entered here are displayed when details of the deal are displayed on the Outline Deal Inquiry (DEALI) screen. Commercial
Indicator
This indicates whether this is a commercial Foreign Exchange contract:
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On Commercial contractOff Non-commercial contract (default)
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Y Commercial contractN Non-commercial contract (default)
Field Definition
Confirm For Foreign Exchange or Money Market Outline Deals, use this field
to indicate whether a deal is to be added to the outline deal queue.
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No Do not add the dealYes Add the deal if no limits are exceeded
Override Add the deal even if limits are exceeded
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N Do not add the dealY Add the deal if no limits are exceeded
O Add the deal even if limits are exceeded
For Fiduciary contracts, use this field to confirm the Fiduciary contract as a whole (i.e. including the Fiduciary Loan contract, and all associated Deposit contracts). A check is made to ensure that the difference between the Fiduciary Loan contract and the associated Deposit contracts is zero; and that the contracts all have matching terms. If these conditions have been met, the Fiduciary contract is confirmed. This “locks” the complete set of loan and deposit contracts that make up the Fiduciary contract as a whole, and prevents certain changes being made. The deal can be “unlocked” to allow changes to be made, using the Unconfirm facility.
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Confirm Confirm the Fiduciary contractUnconfirm Unlock the Fiduciary contract
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X Confirm the Fiduciary contractU Unlock the Fiduciary contract
Confirmation Indicates whether a confirmation has been received by the
counterparty:
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On Confirmation receivedOff Confirmation not received
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Y Confirmation receivedN Confirmation not received
Consolidated Euro Use this field to indicate whether the foreign exchange positions of
“in” currencies are to be displayed in their national currencies or to be combined into the euro position.
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On Combine “in” currency positions into europosition.
Off Display positions in “in” currencies
T
Y Combine “in” currency positions into europosition.
Field Definition
Contract Indicator This indicates whether the contract is a loan or a deposit:
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LoanDeposit
T
L LoanD Deposit
Contract Number 1. The unique reference number that identifies the contract. This
is automatically allocated when you add a new contract, but must be input for all other actions.
2. For Foreign Exchange Take-ups, the number of the option contract against which the take-up is being made.
3. For Diary Narrative and Schedule Events, the number of the contract for which the events are being entered.
Contract Period This is the number of days after a contract start date that you want
maturity to be set. The start date can be set automatically by setting a number of “Settlement Days”.
Contract Rate Change
The total of all contract rate changes calculated today for this foreign exchange accounting centre on the FX Profit Installation Change (FXPFC) screen.
Contract Type For a Fiduciary Loan contract, this shows the type of Money Market
contract used for the Fiduciary Loan.
Currency The mnemonic of the currency, as set up on the Currencies (CCYS)
screen.
For Foreign Exchange Inter-Accounting Centre Loan/Deposits, the mnemonic of the produced (borrowed) currency or the used (lent) currency.
The currency defaults to the deal currency if this field is left blank. On the FX Position Installation Change screen, this is the mnemonic of the currency in which opening foreign exchange positions are being set up.
On the Money Market Outline Deal Input (MMDEA) and Foreign Exchange Outline Deal Input (FXDEA) screens, this is the currency in which the limit and exposure details are displayed.
Currency
Conversion Indicator
Use this field to indicate whether a contract in an “in” currency should be converted to euro during the next overnight process. If the contract is already in euro, then use this field to indicate that the
Field Definition
Current Exposure This is your current exposure to the client specified in the "Limit and Exposure for" field. The exposure includes:
• All the client's active contracts
• Money market and interest bearing securities outline deals currently on the outline deals queue
Current Limit This is the exposure limit that is set up for the client specified in the
"Limit and Exposure for" field. The exposure limit is the sum of the short and long term exposures set up for the client on the Limit Maintenance (EXCLM) screen, see the Risk Management Administration Guide.
Current Principal The principal amount of the loan or deposit as it is today.
Day Type Select either Calendar or Working days to calculate the start and
maturity dates on Money Market Contracts. They are calculated using a combination of the ”Contract Period”, “Days Notice” and “Settlement Days” fields.
Days Notice The number of days notice to be given to mature the contract. Enter
0 for contracts that are at call. Complete this field or enter the Maturity Date, not both.
Deal Amount The amount of the deal.
Deal Currency The mnemonic of the currency of the deal. Currency mnemonics
are set up on the Currencies (CCYS) screen.
Deal Date This is a documentary field that is used to record the date on which
the deal was made.
Deal Equivalent When you enter details of a new money market or interest bearing
securities outline deal, but do not complete the "Confirm" field, then this field displays the exposure to the deal in the currency of the client limit.
Dealer Identifier The identifier of the dealer responsible for the contract. These
identifiers are set up on the Dealers and Officers (DEALR) screen.
Deposit Amount For Fiduciary contracts, this shows the principal amount of each
of the deposit contracts associated with the Fiduciary contract.
Deposits Total For Fiduciary contracts, this shows the combined total amount
Field Definition
Diary Type 1. The type of diary for Money Market Schedule Events:
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Rate or principal changeRollover
Interest settlement
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RP Rate or principal changeRL Rollover
IS Interest settlement
2. For base rate contracts, you cannot add base rate (BR) events and index rate contracts you cannot add index rate events. This is used to change existing event details.
Discount Rate For discounted loans, this is the rate by which the principal is
discounted at the start of the contract. Divided Swap
Indicator
This indicates whether the Foreign Exchange market contract is part of a Divided Swap:
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Near end Far end Not DividedT
N Near end F Far end BlankThis field should be used in conjunction with the "Related Contract" field to link the two contracts that comprise the Divided Swap. A selection is only relevant if the contract is a divided swap.
Exchange Rate 1. For Foreign Exchange deals, it is the exchange rate for the
deal. If the exchange rate exceeds one of the width bands set up for the currency, you must enter a Wide Code (W) or Management Code (M) in the Width Override field to accept the deal.
2. For Foreign Exchange Swaps, this is the exchange rate between the bought and sold currencies for the near and far end of the deal.
3. For Foreign Exchange deals, the exchange rate cannot be entered if the deal is between two “in” currencies or between an “in” currency and the euro. In this case the system gets the exchange rate from the default EMU exchange group. (See
Field Definition Fiduciary Deposit
Product
This field indicates products that will be used for fiduciary loan contracts. The field specifies the product type of any associated fiduciary deposit. This field is mandatory if the product is a loan, and Fiduciary Product field shows that this is a Fiduciary product. The Fiduciary Deposit product must already exist on the system.
Fiduciary Product This indicates whether the Money Market product in question is a
Fiduciary product.
If this field is set on, then the Contract indicator field must be set to Loan or Deposit.
Fixing Days This indicates the number of days prior to maturity that the contract
should be automatically rolled over.
This field is only relevant if the "Roll Maturity Frequency" field indicates that automatic rollover is to be effected (see "Roll Maturity Frequency"). The rollover maturity frequency can be set using either the Money Market Index Rate Loan/Deposit - Add or Change screen.
Forwards (External): Bought
The sum of all foreign exchange amounts, in this currency, contracted to be bought but which have not yet come to value. Forwards (External):
Net
The net of the external forwards bought and sold. Forwards (External):
Sold
The sum of all foreign exchange amounts, in this currency, contracted to be sold but which have not yet come to value. Forwards (Inter-
Accounting Centre): Bought
The sum of all foreign exchange amounts, in this currency, agreed to be bought from other accounting centres but which have not yet come to value.
Forwards (Inter- Accounting Centre): Net
The net of the inter-accounting centre forwards bought and sold positions.
Forwards (Inter- Accounting Centre): Sold
The sum of all foreign exchange amounts, in this currency, agreed to be sold to other accounting centres but which have not yet come to value.
GL Master Number The number of the General Ledger Master to which the contract is
linked. This identifies the General Ledger category.
For all contracts, this is defaulted from the Default General Ledger Masters (GLDFM) screen.
Field Definition
Holiday Method This comprises two fields. The first identifies the method that
the system uses to determine the settlement event date, if the system generated event date falls on a holiday in the countries indicated by the value in the second field.
The first field indicates one of the following: Following
The system settles the amount on the next available day. Modified
The system settles the amount on the next available day. If this falls in the following month, the system will search for the first available day prior to the end of the month.
Previous
The system settles the amount on the first available previous day.