FX Spot Auto-Pricing Agent
Streams spot FX prices and internalizes flow within risk limits.
Streams two-way spot prices across the e-channels, internalizes what it can against opposing flow, and skews to its position at FX latency. Inventory and loss limits are hard; on breach it flattens and pings the oversight/risk agent.
Authority
Monitor and escalate
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
Works within a defined desk workflow
Decision boundary
Monitors the work and escalates conditions outside its limits.
Systems and capabilities involved
FX e-channels / ECNs (FIX)
FX market data
Pre-trade limit service
kill-switch on breach
Surveillance log
Handoffs
What this role gives and receives
Capabilities offered
The handoffs name the next owner or specialist and the work that moves between them.
Handoff to
External handoff
Risk (Market Risk) for FX limit oversight
Context
What the role needs to do the work
- Current work
- Live position by pair, internalization rate, limit headroom.
- Prior interactions
- Today's flow and the session's vol regime.
- Policies and reference
- Pair microstructure, settlement conventions, venue behaviors.
- Working method
- Not specified for this role.
Checks and boundaries
What must be tested or reviewed
- 01Hard position/loss limits; auto-flatten and halt on breach.
- 02Self-surveillance for last-look abuse and quote anomalies.
- 03Champion/challenger before any pricing-model promotion.
- 04Full trace for FX Global Code + best-ex audit.
Human authority
Monitors the work and escalates conditions outside its limits.
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