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Online Trading User Guide

1.	Spot and Forward Transactions
2.	Option Dated Forward Contracts
3.	Swaps
4.	Executing a Trade / Rejecting a Rate
5.	Selecting Your Settlement Accounts Prior to Booking Your Transaction
6.	Finalize Settlement Instructions to a Trade
7.	Split Payments
8.	Viewing Transaction History / Outstanding Deals Report
9.	Trade Settlement Via Transaction History / Outstanding Deals Report
10.	Dual Authorization
11.	Drawdowns of Option Dated Forwards

SPOT AND FORWARD TRANSACTIONS
1.	Click on the Deal Entry tab at the top left-hand side of the screen. For spot trades, choose the Spot tab; for fixed dated forwards, select the Forward tab.
2.	Select the currency that you wish to buy by clicking the down-arrow key to view the currency code drop-down menu, and scroll to the currency you wish to buy. You may also enter the first and second letter of the currency you wish to buy in order to bring that currency directly on the menu. Select the currency by clicking on it. If you need clarification on either the currency codes or the standard Spot value dates, please refer to the Currency & Settlement Info section.
3.	Enter the currency that you wish to sell as per the instruction in Step 2.
4.	In the value date field, click the calendar or enter a specific date: i.e. dd/mm/yyyy.
5.	Click the Request button.
6.	The system will return a trade rate and a running time-out bar which will indicate how long the rate is valid.

OPTION DATED FORWARD CONTRACTS
1.	Option dated forward contracts are for a maximum period of 30 days.
2.	Click on the Time Option tab on the deal entry screen.
3.	Choose the buy and sell currencies as in the spot trades and forward trades section.
4.	Enter the amount of currency you are buying or selling.
5.	In the option date field, choose the start date of the option period by choosing a standard period or date on the calendar, or entering a broken date.
6.	In the value date field, choose the end date of the option period.
7.	Click the Request button.
8.	The system will return a rate and a running time-out bar which will indicate how long the rate is valid.
9.	If the trade rate is acceptable to you, click the Do Trade button. A web confirmation number will appear on the screen as confirmation of your transaction. Please note, that if there is no confirmation number, then the transaction has not been completed. Additionally, a trade may not be cancelled after you select the Do Trade button and receive a confirmation number. If the rate is not acceptable to you, click the Reject button, or let the rate time out.

SWAPS
1.	Select the Swap tab on the Deal Entry screen.
2.	Select a buy currency and amount or a sell currency and amount on the Near Leg side of the screen. Please note that the amount and currency you enter is automatically displayed on the Far Leg side of the screen.
3.	Choose a standard fixed-period code for the value date (i.e. 1 month on the calendar) or enter a specific date. Enter a standard fixed-period or broken date on the Far Leg side of the screen.
4.	Press the Request button.
5.	If you want to book a trade, click Do Trade. A web confirmation number will appear on the screen as confirmation of your transaction. Please note that if there is no confirmation number, then the transaction has not been completed. Additionally, a trade may not be cancelled after you select the Do Trade button and receive a confirmation number. To view your completed transactions go to the Trade Inquiry section.
6.	If the rate is not acceptable to you, click the Reject button, or let the rate time out.

EXECUTING A TRADE / REJECTING A RATE
1.	If you wish to book a trade based on the rate returned to you, click Do Trade. A web confirmation number will appear on the screen as confirmation of your transaction. Please note, if there is no confirmation number, then the transaction has not been completed. Additionally, a trade may not be cancelled after you select the Do Trade button and receive a confirmation number. To view your completed transactions go to the Trade Inquiry section.
2.	Select the Settlement tab to proceed to the settlement screen.
3.	If you do not wish to book a trade, or if you are only checking rates, click the Reject button, or let the rate time out.


SELECTING YOUR SETTLEMENT ACCOUNTS PRIOR TO BOOKING YOUR TRANSACTION
1.	On the Deal Entry screen, you may click the Settle button beside each currency.
2.	A pop-up screen will display your hard-coded settlement instructions. Select the settlement instruction (debit account / credit account / wire instruction / new instruction template) you wish to use.
3.	Enter your trade details (currencies, amount and value date) and request trade.
4.	To book trade, select Do Trade button. The trade confirmation screen will appear displaying your trade confirmation number. Please note that once you receive a confirmation number the trade is booked and cannot be cancelled.
5.	Once on the trade confirmation screen, you must select the Settlement tab and select Finalize Instructions to effect settlement.

FINALIZE SETTLEMENT INSTRUCTIONS TO A TRADE
1.	After accepting a rate, click on the Settlement tab. The next screen will either display your preferred settlement instructions or will be blank.
2.	If the preferred instructions attached to the trade are correct, click the Finalize Instructions button.
3.	To change the settlement instructions, click on the yellow View/Edit button under I Buy. A pop-up screen will display all pre-authorized instructions for the relevant currency.
4.	Select the payment instruction by clicking on the beneficiary name.
5.	Under I Sell, repeat steps 3 and 4.
6.	Click the Finalize Instructions button.
If you do not wish to use the pre-authorized default accounts or if the required account is not on the settlement instruction window, you can add new account details manually if you have authorization from your company to do so.
1.	Click on the yellow View/Edit button.
2.	Click on the Edit button beside New Instruction.
3.	Enter the new account details in the required fields.
4.	Click the Use This Instruction button. Please note that these new settlement details will not be hard-coded as permanent details that are captured and recorded in the system. These details are only available for this particular trade.
For Swap deals, complete the steps for both the Far and Near components.
Trades may also be settled from the Trade Inquiry screen.
1.	Click on the Deal ID number of the trade to be settled and continue to settle as per the above instructions.
Note: Settlement instructions must be attached to a trade by 5:00 p.m. EST on the value date of the trade for USD/CAD. For all other currencies and currency crosses, settlement instructions are required by 5:00 p.m. EST two business days prior to the value date.


SPLIT PAYMENTS
1.	Click on the Deal Entry Tab at the top left-hand side of the screen; for spot trades choose the Spot tab, for fixed dated forwards select the Forward tab.
2.	Select the currency that you wish to buy by clicking the down-arrow key to view the currency code drop-down menu, and scroll to the currency you wish to buy. You may also enter the first and second letter of the currency you wish to buy, in order to bring that currency directly on the menu. Select the currency by clicking on it. If you need clarification of either currency codes or standard spot value dates, please refer to the Currency & Settlement Info section.
3.	Enter the currency that you wish to sell as indicated Step 2.
4.	In the value date field, click the calendar or enter a specific date: i.e.dd/mm/yyyy.
5.	Click the Request button.
6.	The system will return a trade rate and a running time-out bar that will indicate how long the rate is valid.
7.	If the trade rate is acceptable to you, click the Do Trade button. A web confirmation number will appear on the screen as confirmation of your transaction. Please note, that if there is no confirmation number, then the transaction has not been completed. Additionally, a trade may not be cancelled after you select the Do Trade button and receive a confirmation number. To view your completed transactions, go to the Trade Inquiry section. If the rate is not acceptable to you, click the Reject button, or let the rate time out.
8.	Once you have accepted your rate, you will be directed to the confirmation screen. Click the Settlement tab to proceed to the settlement and splits screen.
9.	To split your trade into multiple payments, select the Split button.
10.	Enter the component amount of your first payment in the component box. The remaining amount will automatically update.
11.	Click the Settle button beside the component amount and select the account or beneficiary where the funds will be credited.
12.	Complete this process until the remaining balance is 0. Additional rows can be inserted if necessary. Note: The initial bulk trade amount must be correct prior to booking. A trade cannot be _nalized with a remaining balance. Any remaining balance must be allocated to an account.
13.	Once you have entered your components, select the Settle button at the bottom of the screen to select the account from where the funds will be debited.
14.	Click the Split button on the right of the screen. You will receive a message stating “split successfully.”
15.	You may select Print to print a PDF of your trade details.


VIEWING TRANSACTION HISTORY / OUTSTANDING DEALS REPORT
1.	The transaction history can be found at the bottom of the dealing screens, under trade inquiry. This section can be viewed on a full screen by selecting the Expand button. Be sure to hit the Refresh button to ensure your history is updated. The trade inquiry screen can be customized and provides an updated view of all trades booked.
2.	To customize your view, select the pencil icon on left hand side of the trade inquiry screen. This screen provides users with the ability to customize the trade inquiry screen. Users can select the specific column headings they would like to view in their trade history and user guidelines (users have access to 17 column headings).
3.	To change a column to view in your trade inquiry, click the arrow on the right side of each title box to access the drop-down menu. This will allow you to select the name of the column heading (i.e. deal type, rate, value date, etc.). Repeat this process for each box until you have selected the desired column headings. To add more columns, click the New button. To delete columns, check the box on the left side of the column heading and click the Delete button at the bottom.
4.	Once you have made your selections, click the Save button on the bottom of the screen, then click the Refresh button to return to your trade inquiry screen. Note: You may select the Default button to view the standard trade inquiry screen.
5.	Once customized, trades may then be sorted according to the criteria at the top of the trade inquiry screen, i.e. trade date, value date, currency pair, buy amount, product, etc. Note: For a list of product and status codes, consult the Quick Reference Guide found by clicking the Help tab at the top of the screen.
6.	A detailed view of a booked trade can be accessed by selecting the View button beside the trade. Your transaction history and outstanding deals can be exported to Excel / CSV format by selecting Export to Spreadsheet at the bottom of the screen.

TRADE SETTLEMENT VIA TRANSACTION HISTORY / OUTSTANDING DEALS REPORT
1.	The transaction history can be found at the bottom of the dealing screens, under trade inquiry. This section can be viewed on a full screen by selecting the Expand button. Be sure to hit the Refresh button to ensure your history is updated. The trade inquiry screen can be customized and provides an updated view of all trades booked.
2.	Trades may be be sorted according to the criteria at the top of the trade inquiry screen (i.e. trade date, value date, currency pair, buy amount, product), etc. Note: For a list of product and status codes, consult the Quick Reference Guide found by clicking the Help tab at the top of the screen.
3.	Unsettled outstanding trades can be accessed for settlement by clicking the Deal I.D. number. This will take you to the confirmation screen. Unsettled trades will appear in red on the transaction history and will display as U or 1 under Status. Click on the Settlement tab to access the settlement screen.
4.	If the preferred instructions attached to the trade are correct, click Finalize Instructions.
5.	To change the settlement instructions, click on the yellow View/Edit button under I Buy. A pop-up screen will display all pre-authorized instructions for the relevant currency.
6.	Select the payment instruction by clicking on the beneficiary name.
7.	Under I Sell, repeat steps 5 and 6.
8.	Click Finalize Instructions.
If you do not wish to use the pre-authorized default accounts or if the required account is not on the settlement instruction window, you can add new account details manually if you have authorization from your company to do so.
1.	Click on the yellow View/Edit button.
2.	Click on the Edit button beside New Instruction.
3.	Enter the new account details in the required fields.
4.	Click Use This Instruction. Please note that these new settlement details will not be hard-coded as permanent details that are captured and recorded in the system. These details are only available for this trade.
For Swap deals, complete the steps for both the Far and Near components.

DUAL AUTHORIZATION - TWO USERS
1.	Trades to be authorized can be accessed through the trade inquiry panel. The trade you are looking to confirm can be found either by searching by trade date and selecting the date on the calendar icon or by value date and selecting the date on the calendar.
2.	Once you have found your trade, select the Deal I.D. number. This will take you to the confirmation screen. Click on the Settlement tab to access the settlement / authorization screen.
3.	The status of the trade will be unauthorized. If the settlement instructions are correct, click the Authorize button at the bottom of the trade and the trade status will update to “authorized.”
4.	To change the settlement instructions, click on the yellow View/Edit button under I Buy. A pop-up screen will display all pre-authorized instructions for the relevant currency.
5.	Select the payment instruction by clicking on the beneficiary name.
6.	Under I Sell, repeat steps 4 and 5.
7.	Click Finalize Instructions.
If you do not wish to use the pre-authorized default accounts or if the required account is not on the settlement instruction window, you can add new account details manually if you have authorization from your company to do so.
1.	Click on the yellow View/Edit button.
2.	Click on the Edit button beside New Instruction.
3.	Enter the new account details in the required fields.
4.	Click the Use This Instruction button. Please note that these new settlement details will not be hard-coded as permanent details that are captured and recorded in the system. These details are only available for this trade.

DUAL AUTHORIZATION - THREE USERS
1.	Trades to be authorized can be accessed through the trade inquiry panel. The trade you are looking to confirm can be found either by searching by trade date and selecting the date on the calendar icon, or by value date and selecting the date on the calendar.
2.	Once you have found your trade, select the Deal I.D. number. This will take you to the confirmation screen. Click on the Settlement tab to access the settlement / authorization screen.
3.	The status of the trade will be 2nd Authorize. To authorize the trade, click the Authorize button at the bottom of the trade. The trade status will update to ”authorized.” To edit the settlement instructions, please see above.
4.	Note: the ability to edit settlement instructions can be restricted.

DRAWDOWNS OF OPTION DATED FORWARDS
1.	Time options can be accessed through the trade inquiry panel. The trade you would like to drawdown can be found by searching by trade date and selecting the date on the calendar icon, or by value date and selecting the date on the calendar icon. A DD button will appear on the far right of the trade summary line. Click the DD button.
2.	The next page will display the start balance, as well as any previous drawdowns for that contract and the balance remaining. Click the red DD button beside the balance remaining.
3.	The next page will contain the details of your contract. Under proposed drawdown, select the Value Date on the calendar icon. This will be the date you want the drawdown to occur (Note: the date cannot be later than the value date). Same day drawdowns are only available for CAD/USD and must be drawn down prior to the currency cut off time (5:00 PM EST). Please allow two business days for all other currency pairs. Select either the sell or buy amount of the drawdown. The system will automatically update your balance remaining. Click the Do Drawdown button.
4.	A Reference number confirming the drawdown is issued and displayed for each drawdown.
5.	Click on the Settlement tab.
6.	If the preferred instructions attached to the trade are correct, click Finalize Instructions.
7.	To change the settlement instructions, click on the yellow View/Edit button under I Buy. A pop-up screen will display all pre-authorized instructions for the relevant currency.
8.	Select the payment instruction by clicking on the beneficiary name.
9.	Under I Sell, repeat steps 3 and 4.
10.	Click Finalize Instructions.
If you do not wish to use the pre-authorized default accounts or if the required account is not on the settlement instruction window, you can add new account details manually, if you have authorization from your company to do so.
11.	Click on the yellow View/Edit button.
12.	Click on the Edit button beside New Instruction.
13.	Enter the new account details in the required fields.
14.	Click the Use This Instruction button. Please note, that these new settlement details will not be hard-coded as permanent details that are captured and recorded in the system. These details are only available for this trade.



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