Exchange rates. Definition. Exchange rates. Search type
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1 Exchange rates Please note that our Getting Started guides are updated regularly however the screens displayed in this guide may vary from the actual screens you will use in Business ebanking as we are constantly improving our online service. Definition Exchange rates gives you an overview of the rates you have defined in your Price profiles. You can also search for random currency combinations, as spot and forward trades. The rates shown on the page are current, tradeable Exchange rates. Selected exotic rates are listed as suggested rates on the page Unlisted currencies. Exchange rates When you want to see Exchange rates, you can use the menu: Search type Click on the arrow next to Criteria and start by selecting a Search type. The search type depends on whether you want rate information as of today s date or as of a historic date. If you select a historic date, the search will be based on the rates on the entered date at 17:00 CET.
2 Price profile You must then select which price profile you want to see. You can edit the price profile by clicking on the button Edit See a more detailed description of how to edit and create price profiles at the end of these guidelines. Currency/Currency Under Currency/Currency you can select a currency cross in the dropdown list, so that rate information on this currency cross is shown in the list. Forward columns Under Forward columns you must select the periods, for which you want rate information. You can either select the fixed periods in the dropdown lists or you can enter a specific date. Be aware that the date format in the key-in field depends on the date format selected under Business ebanking/administration/general settings. If you prefer to see the rates in the list as total forward prices, tick the check box for Total forward contract price. When you have changed something in the search criteria, you must press the Request button to update the list.
3 Save my set-up You can choose to save the selected search criteria as default, so that they are automatically set up the next time you open the Exchange rates. You do this by clicking on the button Save my set-up. The button Retrieve my set-up is used when you want to recreate your default search criteria, after you have changed the options in the search criteria. New trade If you want to make a trade based on the listed rates, click on the rate that you want to trade on. When you click on a rate in the spot section the New spot trade screen will open with the selected currency cross. If you click on a rate in the forward part, the equivalent screen will open for creating a new forward trade with the selected currency cross. Note that if you have selected rates for a period, the forward trade will be settled two banking days after the selected period. See the guidelines Spot trade and Forward trade for detailed information on how to create a new trade.
4 Price profiles You can create your own, personal price profiles with precisely the currencies you want to follow. When you want to create and edit price profiles, you must use the menu: By default, the price profiles overview contains all the price profile types that have been created. Personal price profiles are your own personal lists, as opposed to Public lists, which are shared with the other users of the Markets Online agreement. Standard price profiles cannot be changed. If you want to edit the contents of a standard price profile, you can copy the list and then edit the copy. To create a new price profile, you can click on the New... button at the bottom of the page. You can also choose to use the function menu by clicking on the arrow to the left of an existing list. From here, it is possible to copy, edit and create a new price profile or delete an old one. If you want to edit an existing price profile, the fastest way to the page Edit price profile is by simply clicking on the relevant price profile name.
5 New price profile When you create a new price profile, you must start by giving it a name and selecting a currency combination from the dropdown lists. When you have found the currency combination you want, you add this to the list by clicking on the button Add to profile. Click the buttons to the right of the currency combinations to edit the list. The button Separate inserts a line above the selected currency combination. This button can also be used with a single selected currency cross. It is a good idea to place the separator line above and under a currency combination that you want to highlight on the finished price profile. On the price profile below, a separator line has been placed above and under the currency cross USD/DKK. Click the Save button to save the finished price profile.
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