Forex Requirement Support for Cross Currency Pricing

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When a pricing is saved, the system creates a Forex Hedge Requirement in the Forex allocation screen to hedge the conversion to the pricing currency. For a Purchase (or Sales) contract, the requirement is to buy (or sell) the amount of money in the pricing currency that corresponds to the price of that pricing, multiplied by the quantity for that pricing.

 

When a Forex contract is allocated to the Forex Hedge Requirement created for a pricing, then the hedge rate will be displayed in the pricing table, under the agreed rate that the trader entered.

 

Cross currency Risk tab hedge rate