Forwards & Swaps Pricing Agent
Auto-prices FX forwards, swaps and commodity RFQs off the curves.
Prices the forward/swap RFQ off the spot, the points curve and the funding basis, and returns a level for standard dates and sizes. Broken dates, big notionals and exotic crosses go up with the points already calculated; the accountable desk head decides those.
Authority
Recommend for approval
Team role
Provides specialist analysis
Handoffs
Named collaborators
The role
What it owns and where its authority ends
Desk
FX & Commodities
Desk workflow
Spot prices stream, forwards and swaps auto-price off the curves, e-RFQs get answered, and flow is internalized or hedged before booking. Big tickets and exotic crosses wait on the desk head.
Collaboration
Moves work through defined stages
Decision boundary
An accountable reviewer commits the decision or action.
Systems and capabilities involved
Points + funding-curve service
Pricing library
Pre-trade limit gate
Dealer RFQ platform
Accountable desk head approval
desk head approves broken dates and big notionals; risk agent checks the points
Handoffs
What this role gives and receives
Capabilities offered
The handoffs name the next owner or specialist and the work that moves between them.
Receives from
External handoff
Operations (FX Ops) for confirmation and settlement
Context
What the role needs to do the work
- Current work
- The RFQ, spot, points curve, funding basis.
- Prior interactions
- The client's recent forward rolls and the dates they usually ask for.
- Policies and reference
- Forward-points construction, settlement/value-date rules, basis dynamics.
- Working method
- Not specified for this role.
Checks and boundaries
What must be tested or reviewed
- 01Preset spread and size limits bound every price; the desk head handles the exceptions.
- 02Value-date + suitability validation before any level shown.
- 03Daily points-mark consistency check.
- 04All quoted levels retained immutably for surveillance review.
Human authority
An accountable reviewer commits the decision or action.
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