Thanks for the wonderful video! Can you please upload a video for the complete fx trade life cycle . As it is OTC is ther any difference in the clearing and settlement?
In FX markets the rates are normally quoted with USD as base rate. i.e USD / CHF But if rate is quoted as CHF/ USD then we have to divide For eg: if USD / CHF = 0.92, then CHF / USD = 1/0.92 = 1.086 Hope this is clear !
@@sushilahariharan because I am currently working at Paxus application.It is very difficult to pass GL entries.It is very confusing for me to understand
Thanks for the wonderful video!
Can you please upload a video for the complete fx trade life cycle . As it is OTC is ther any difference in the clearing and settlement?
Already uploaded 3 videos on FX trade lifecycle.
Happy New Year. Having one query If base currency CHF and payment received 5000 in USD how to convert we will multiply or devide with spot rate
In FX markets the rates are normally quoted with USD as base rate. i.e USD / CHF
But if rate is quoted as CHF/ USD then we have to divide
For eg: if USD / CHF = 0.92,
then CHF / USD = 1/0.92 = 1.086
Hope this is clear !
How to calculate the forward price of a cross like EUR/CAD where CAD currency is T+1 and EUR is T+2?
Will upload a video on that 😊
Can you explain clearl again please
plz give me link of first video of 2023
th-cam.com/video/4JEonaAR-FI/w-d-xo.html
First video on FX!
Hi madam can u please make a video of accounting for currency futures contract and daily recognition when market changes in hedge fund accounting.
Great suggestion
@@sushilahariharan because I am currently working at Paxus application.It is very difficult to pass GL entries.It is very confusing for me to understand
Profit for CFO of 11k