Index Rates in Global One Version 6.6.2

The ability to process trades with the rate referenced against an index has been added to Global One. User-definable index tables are maintained, against which rates can be loaded, either electronically or manually. When a trade is booked, the relevant index rate table can be entered, along with a positive or negative number of basis points to be applied to the index rate. A trade can be set to indicate whether it is to be automatically re-aligned to the new rate, or only re-rated when selected in the Global Rate Change routine.

This functionality greatly enhances the flexibility of trade rate processing, and is available for all trade types.