FGx & Options

In addition to being able to register and process foreign exchange options, Version 3.1 features:

• Up to 32,000 different multi-currency accounts and ready-to-mail reports
• Automatic currency conversion and fixed commissions totalization
• Customer's position revaluated in USD with profits\losses from open positions considering market prices and forward points
• On screen indication of both required and available call margins
• Balance of currencies in which the customer is trading
• Open and close positions
• Liquidation procedure with account selection and immediate cash situation updating
• Roll-over and delivery procedures
• Registering of a new position with automatic check on account number and price (excessive shifting from market prices)
• Easy closing of a position with automatic check on its face value (supports partial closings)
• Detailed viewing of a transaction (including date-time, dealer's name, eventual notes) and printing of deal slip
• Transactions historical database, including detailed viewing and printing of already liquidated transactions
• Easy updating of market rates valid for all the customers
• Printing of the client's position in terms of open position or open and closed positions, with indication of cash situation, call margin and liquidation value with regard to market prices
• Cash situation and liquidation value summary of all customers or a specified group of them
• Listing of the accounts that are liable to daily liquidation
• Aggregate situation of a group of customers in terms of balance for each single cross/currency with the relating weighted average price
• Listing of the open positions of a defined group of customers with value date within a certain period
• Activity report and open positions of a group of customers within a defined period
• Limit orders listed and processed by order number, by currency or by customer number
• Checking limits with regard to market prices.

You will be able to register both American and European type options, check a customer position in terms of valid options compared to market rates, exercise an option with automatic conversion into a spot transaction, and register a premium in a third currency with automatic debiting/crediting the customer's account. Position valuation considers both transactions and options. As for the transactions, you can print a deal slip for each option and there is an option historical database.