Currencies
|
Currency |
Currency
Name |
Currency |
Currency
Name |
Currency |
Currency
Name |
| AUD |
Australian Dollar |
FJD |
Fiji Dollar* |
NOK |
Norwegian Krone |
| BBD |
Barbados Dollar* |
GBP |
British Pound |
NZD |
New Zealand Dollar |
| BMD |
Bermudian Dollar* |
GYD |
Guyana Dollar* |
PLN |
Polish Zloty |
| BSD |
Bahamian Dollar* |
HKD |
Hong Kong Dollar |
SAR |
Saudi Riyal* |
| BZD |
Belize Dollar* |
ILS |
Israel Shekel |
SEK |
Swedish Krona |
| CAD |
Canadian Dollar |
INR |
Indian Rupee* |
SGD |
Singapore Dollar |
| CHF |
Swiss Franc |
JMD |
Jamaican Dollar* |
TTD |
Trinidad Tobago Dollar* |
| CZK |
Czech Koruna |
JPY |
Japanese Yen |
USD |
United States Dollar |
| DKK |
Danish Krone |
KYD |
Cayman Island Dollar* |
XCD |
East Carribean Dollar* |
| EUR |
Euro |
MXN |
Mexican Peso |
ZAR |
South African Rand* |
|
* Currencies Scotiabank is pleased to sell.
|
| NOTE: We do not purchase these currencies online. |
| |
Settlement
Information
Cash
- Cash transactions (also referred to as O on ScotiaFX) or sameday value transactions in USD/CAD must be transacted prior to 5pm EST to ensure proper settlement and good value. ScotiaFX cannot execute sameday value transactions for any other currencies.
Please note that at 5:00 p.m. EST, the trade date will advance
to the next business day.
Spot
- Market convention for USD/CAD
trades dictates settlement for the next business day. For
example a trade done on a Friday would settle on the following
Monday.
- For all other currencies (both
against the USD and against CAD) market convention is two business
days settlement. For example a GBP/CAD trade executed
on a Friday would settle on the following Tuesday and a USD/JPY
trade executed on a Thursday would settle on the following Monday.
- Trades must be settled on ScotiaFX and all settlement instructions must be received by 5:00 p.m. EST the day prior to the value date of the trade to ensure proper settlement and good value.
Forward Contracts
- Forward Contracts can be booked up to a maximum of one year
subject to your credit terms. On ScotiaFX you can book forward
contracts with an optional delivery period up to a maximum of
thirty days.
- Trades must be settled on ScotiaFX and all settlement instructions must be received by 5:00 p.m. EST the day prior to the value date of the trade to ensure proper settlement and good value.
Drawdowns
- To drawdown a contract during the optional delivery period, please
consult the Online Trading User Guide or call 1-877-999-7239 for assistance.
- Trades must be settled on ScotiaFX and all settlement instructions must be received by 5:00 p.m. EST the day prior to the value date of the trade to ensure proper settlement and good value.
Click here
for important Legal Notices
Deal Entry