BARX Dual Currency Investments allows you to trade DCIs electronically and efficiently with your own clients, whilst setting your own required margin level. BARX also gives you the flexibility to choose whether to trade DCIs Funded or Unfunded on a per currency basis.
Automatic Deal Execution
BARX Dual Currency Investments gives you access to streaming DCI pricing and one-click execution in a wide variety of currency pairs out to one year. Simple to use, you can select to solve for either yield, strike or profit, entering data for the other two variables. An indicative termsheet can be generated or the price can be dealt on.
Fully Customisable Termsheets
DCI termsheets are fully customisable and have many configurable options to enable you to leverage your own corporate branding. You can upload your own logo, attach your own contact details and define your own company font and disclaimer; however we recommend that you use our default Risk Disclosures. Your customised termsheet will be generated automatically and emailed as a PDF document to a pre-defined list of recipients. Your customized termsheet can then be sent on directly to your own investors.
Admin Control of DCI Dealing Configuration for all Internal Users
The Dual Currency Investment Configuration screen enables select users to configure DCI dealing parameters for all internal users, allowing you to restrict the options available to your sales team. The following parameters are available:
- Profit Currency - Restricts what can be selected for the profit currency. This can be either a specific currency or the underlying investment currency
- Interest at risk - Defines whether or not the interest on the underlying deposit is at risk in addition to the deposit
- Maximum Profit - An optional field which restricts the profit a sales user can add per trade
In addition, you are able to define which currencies will be Unfunded or Funded. Your portfolio of DCIs can then be managed through the enhanced FX Options blotter.
Investor Profile
The Dual Currency Investment is an investment product and not a deposit. Investors in Dual Currency Investments are likely to demonstrate the following attributes:
- To have a view of certain exchange rate movements and are in a position to take advantage of their view
- Are in a position to accept exchange rate risk including the loss of principal sum in comparison with the base amount initially invested
- Are currently holding more than one currency and are looking for opportunities other than bank deposits
- Are prepared to hold another currency at maturity and have no urgent requirement for the funds