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Former Member
Nov 11, 2011 at 05:43 PM

Foreign exchange (FX) - daily cash settlement procedures

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Hi Guys.

We have a deal (Foreign exchange rate) that is settled every day. Every day the Bank post Gain or Loss in my bank account. In this case, the net Cash settlement is the difference between the cash settled at prior day and the current day.

Using the product type "60A - Foreign exchange (FX)", transaction "102 - Forward Transaction", the cash settlement is unique at the end of the contract.

Is it possible to setup a product that settles every day?

Thanks

Lucciano