Software Spotlight: Trading a New Currency

Setting up a new currency is straightforward in CapellaFX if you follow these steps:

Activate the currency. Click on the Company Setup module located on the CapellaFX home screen and select Active Currencies” tab.  In the All Currencies column, select the new currency and click the right arrow button to move it to the Active Currencies column.  Click the “Save” button.

Define the currency trading convention, if necessary.  If the new currency pair does not include the USD, click on the Entity Setup module located on the CapellaFX home screen and select the Currency Trading Conventions tab.  Select the entity and currency, and select either the “Multiply” or “Divide” button. (Choose the Multiply button if you multiply the new non-functional currency amount by the exchange rate quoted to arrive at the functional currency value. If this doesn’t apply, select the Divide option).  Click “Save.”

Set up the currency with your rate provider.  If Hedge Trackers provides your rates, notify us through the Client Support process (the “Client Support” button is located in the lower right corner of the CapellaFX screen and select “Service Requests” link).  It may take several days for us to begin receiving new rates from our rate provider, so please give us plenty of notice.

If the new currency pair is in designated hedging relationships, let us know through the Client Support process that you need a new regression.  It will take some time for us to prepare new regressions that are not currently in our regression library, so notify us well before you trade.

For more information on how to add a new trading currency in CapellaFX, please contact the Client Support & Solutions Team by clicking on the “Client Support” button on the CapellaFX home screen. Once you are on the CapellaFX Client Support screen, select the “Service Requests” link on the left side of the screen and complete the requested information on the form displayed.