Preferential Pricing Fx
The Preferential Pricing Fx Property Class allows to store exchange rate type, exchange rates for various currency pairs.
Product Lines
The following Product Line uses the Preferential Pricing Fx Property Class:
- Relationship Pricing
Property Class Type
The Preferential Pricing Fx Property Class uses the following Property Class Type:
- Dated
Property Type
The Preferential Pricing Fx Property Class is associated with the INTERNAL.FX user-defined Property.
Balance Prefix and Suffix
The Preferential Pricing Fx Property Class is not associated with balance prefix and suffix.
Attributes
- The Preferential Pricing Fx Property Class allows to define the participants of a Bundle Product.
- The user creates a special FX Pricing Arrangement to hold the Internal FX rates for the Master Account holder.
- The user uses Preferential Pricing Fx Property Class that is available in the Relationship Pricing Product line for this purpose.
- The user specifies CCY1 and CCY2 for the system to default CCY Pair or vice versa.
- The system respects the industry conventions on the currency pair when defaulting or validating it.
- The user can set the FX rates at either product level or Pricing arrangement level.
Periodic Attribute Classes
The Preferential Pricing Fx Property Class is not associated with any Periodic Attribute Class.
Actions
The Preferential Pricing Fx Property Class supports the following actions:
| Action Name | Description |
|---|---|
| UPDATE | The update action allows the user to update the exchange rate type, exchange rate for an arrangement. It can be performed as part of the NEW-ARRANGEMENT and UPDATE activities. |
Accounting Events
The Preferential Pricing Fx Property Class does not perform any Actions that generate accounting events.
Limits Interaction
The Preferential Pricing Fx Property Class does not perform any Actions that impact the limits system.
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