The FxOffice pricing engine retrieves live rate feeds and automatically applies the appropriate spread for each currency pair using fully customizable inbuilt profit pricing algorithms. For forward contracts, market forward points are automatically calculated for normal or cross currency rates. As well, tenor pricing can be added based on the value date duration of the contract. Pricing can be configured in terms of customer classification and price bands for ease of management. The platform is also able to calculate points for mark-to-market rolls and reversal plus early-drawdown pricing of fixed dated forwards and swap points while automating spread profit to such transactions.
FxOffice offers limitless price templating for customers interfaced with auto-pricing or manual trader intervention pricing. Automated pricing utilizes currency-pairs and spread templates that can be configured to suit each client profile. Alternatively, a manual request-for-quote RFQ model can be deployed that requires manual trader intervention for pricing large transactions or exotic currency pairs.
Datasoft FxOffice is a foreign exchange software and global payments platform that offers financial institutions a completely integrated forex, treasury, compliance and payments platform.