Create Fetch Stage     

When

An FXLoader Run consists of several different Stages.

Fetch stages are used to obtain rates from your Rates Source. It may be necessary to have several Fetch Stages in a Run if you are obtaining rates from more than one source.

Steps

1. Select Fetch in the Type field.

   

2. Set Run Order to determine the sequence of Stages within the Run. It is best to number your stages 10,20,30…. so that extra stages can easily be added in future.

   

   Ensure that the stage is enabled by selecting Yes.

3. Choose your Rates Source from the drop-down list. You must have a valid subscription for your chosen source.

   Note: Rates can be fixed by choosing ‘Fixed’ as the Source – see the guide on Fixed Rates for details.

   

4. Select Source Option.

   Not all Rates Sources have more than one option. If your Source has multiple options, select the correct one for this particular Fetch Stage.

   

5. From the drop-down list, choose the Currency Set you want to use in this Fetch Stage. This determines which currencies will be obtained from your Rates Source.

   If there is no suitable Currency Set in the list you will need to create one (please refer to our article on Currency Sets).

   

6. Select From Currencies.

   You have the choice of All Enabled, All Base, or a single currency. For Central Bank Sources this option is disabled because the From currency will be the base currency of the bank.

   

7. Select To/Contra Currency.

   Again, you have the choice of All Enabled, All Base or a single currency. For Central Bank Sources, select the Contra currencies you require to be paired with the Bank’s Base Currency. FXLoader will obtain rates from/to the Base Currency, depending on which type of rates the bank provides.

   

8. Set Date Offset and Date Offset Units to determine which date FXLoader will fetch rates from.

   For example, if your run is taking place on 7-Jun but you want to fetch rates which were issued by your source on 6-Jun then the Date Offset value should be -1 and the Date Offset Unit should be Days.

   

9. If you are using Market Rates, then a Quote Type must be selected. See the on-screen help text for details.

   

10. Set Fix Time XIGNITE (Xignite customers only) for Xignite Market Rates only, because these are updated hourly. The Fix Time is in UTC, and should be set to an hour or two before your Run Time.

    

12. Click the Create button to complete the procedure.