FpML Reporting Currency Definitions
This document defines a t of terms to describe the different types of currencies in which a trade’s values can be reported.
•There is some background on the term “Ba Currency”.
•There is a t of propod definitions of terms to describe different types of reporting currencies. Background - Ba Currency Definitions
[The following definitions are from Wikipedia, at this URL: en.wikipedia/wiki/Ba_currency]
美味的英文单词
participants u the expressions "currency 1" and "currency 2", where one unit of CCY1 equals a variable number of units of CCY2.
Propod Definitions
vgrBa Organization
This is the organization from who perspective the report data fields are reported. For example, the NPV would be reported from the point of view of the ba organization (positive amounts are payable to that organization, negative amounts are owed by that organization.)
Cross Currency Trade
A trade involving 2 currencies, one exchanged for the other. This includes cross-currency swaps, FX spots, FX forwards, and FX swaps.
timebombQuanto Trade
A trade in which the ttlement is a different currency than the currency of the underlying ast. For example, an IR swap on USD Libor that ttles in GBP, or a total return swap bad on an EUR stock that ttles in USD.
Trade Ba Currency
This is the currency in which the trade is denominated.
•In a single currency trade such as a single currency interest rate swap or a credit default swap, it will be the currency of the notional and of ttlement.
•In a cross currency trade, it will be the ba currency of the FX rate (the first currency in the currency pair as conventionally quoted).
•In a trade in a non-deliverable currency, it will be the currency of delivery/ttlement.
中文翻译英文在线翻译
•In a quanto trade, it will be the currency of delivery/ttlement.
Trade Quote Currency
This is the currency in which the trade is quoted.
•In a single currency trade such as a single currency interest rate swap or a credit default swap, it will be the currency of the notional and of ttlement. (same as Trade Ba Currency).partofspeech
primary school
•In a cross currency trade, it will be the quote currency of the FX rate (the cond currency in the currency pair as conventionally quoted).
•In a trade in a non-deliverable currency, it will be the currency of the underlying ast.
•In a quanto trade, it will be the currency of the underlying ast.
Trade Settlement Currency
This is the currency that that the Ba Organization is receiving in ttlements involving the trade.
•In a single currency trade such as a single currency interest rate swap or a credit default swap, it will be the currency of the notional and of ttlement. (same as Trade Ba Currency).
意大利语
•In a cross currency trade, it will be the currency that the ba organization receives.
•In a trade in a non-deliverable currency, it will be the ttlement currency (the deliverable currency).
•In a quanto trade, it will be the ttlement currency.
Trade Receive Currency
This is the currency who increa in value will result in an increa in value to the Ba Organization.
•In a single currency trade such as a single currency interest rate swap or a credit default swap, it will be the currency of the notional and of ttlement. (same as Trade Ba Currency).
•In a cross currency trade, it will be the currency that the ba organization receives. (same as Trade Settlement Currency)
•In a trade in a non-deliverable currency, it will be currency of the underlying ast if the Ba Organization receives bad on that ast, and the ttlement currency if the Ba Organization pays bad on that ast.
•In a quanto trade, it will be currency of the underlying ast if the Ba Organization receives bad on that ast, and the ttlement currency if the Ba Organization pays bad on that
ast.
Trade Pay Currency
This is the currency who increa in value will result in a DECREASE in value to the Ba Organization.
•In a single currency trade such as a single currency interest rate swap or a credit default swap, it will be the currency of the notional and of ttlement. (same as Trade Ba Currency).
•In a cross currency trade, it will be the currency that the ba organization pays.
•In a trade in a non-deliverable currency, it will be currency of the underlying ast if the Ba Organization pays bad on that ast, and the ttlement currency if the Ba Organization
boat怎么读
receives bad on that ast.
•In a quanto trade, it will be currency of the underlying ast if the Ba Organization pays bad on that ast, and the ttlement currency if the Ba Organization receives bad on that ast.
Trade Primary Risk Currency
This is the currency that reprents the primary risk as en from the perspective of the Ba Organization.
•For an ast hedge, this will be the Trade Receive Currency
•For a liability hedge, this will be the Trade Pay Currency
Unit Currencyvice versa
This is a standardized currency for reporting values within a single unit, such as a legal entity, fund,
企业管理学account, branch, business unit, etc., irrespective of the currency of the trades within the report. Values for all trades within that unit will u the same unit currency, and if necessary will be converted to that currency using prevailing FX rates. This is sometimes called the “Accounting Currency”, or “Ba Currency”. Typically this is ud when consistent values for measures such as notional, market value, prices, etc., must be reported for veral units who preferred reporting currency varies.
Report Currency
This is a standard currency ud for reporting all values within a report, irrespective of the currency of the trades or units within the report. Values for all trades within the report will u the same report currency, and if necessary will be converted to that currency using prevailing FX rates. Typically this will be ud when consistent values for measures such as notional, market value, prices, etc., must be reported to a single recipient, irrespective of the preferred reporting currency of any unit who trades appear in the report.
