Postallocate FX Transactions

Introduction

On the Reluna platform, you can postallocate FX transactions that include FX (DEBIT) and FX (CREDIT) transactions, and optionally a FEE transaction. This mechanism ensures your FX transactions are correctly processed, creating corresponding SELL FX orders automatically and updating the transaction status to Confirmed.

Key Terminologies

Term (A-Z)	Definition
Buy Currency	The currency being purchased in a foreign exchange (FX) transaction.
Commission	A fee paid to an intermediary (broker, bank, or platform) for facilitating a transaction or trade.
FX (CREDIT)	A foreign exchange transaction where currency is received into an account; represents an inflow.
FX (DEBIT)	A foreign exchange transaction where currency is sent out of an account; represents an outflow.
Omnibus Bank Account	A pooled account used to hold funds on behalf of multiple clients, often used in investment or brokerage operations.
Order Number	A unique identifier assigned to a trade or transaction order for tracking and reference.
Postallocate	The process of allocating transactions (e.g., FX trades) to orders after they are recorded but before final execution or confirmation.
Price	The exchange rate or cost at which a currency or asset is bought or sold.
Sell Currency	The currency being sold in a foreign exchange (FX) transaction.
Standard Bank Account	A typical personal or corporate bank account used for individual transactions.

👉 New to some terms? Check our full Platform Glossary for quick definitions.

How to Use the Mechanism

Back office uses postallocation by:

Navigate to All Transactions or Portfolios > Transactions tab.
Select transactions according to the following criteria:
- Transaction Type: FX (DEBIT) and FX (CREDIT), optionally including FEE transactions related to forex operations.
- Transaction Status: PENDING_CONFIRMATION or NOT_MATCHED.
- Order Link: Ensure the transaction is not already linked to an order (Order Number field is empty).
Click the Postallocate button.

The Postallocate button is visible only if you have the Transactions_modify permission.
Similarly, the Create Orders button will appear when you select at least one transaction.

If some transactions do not meet these criteria, the platform will show an error. In this case:

Review the selected transactions.
Deselect transactions that do not meet the criteria.
Repeat the postallocation procedure.

Postallocation by Bank Account Type

Standard Bank Account

When your selected transactions belong to a Standard Bank Account, the platform opens a form after you click Postallocate.

You need to fill in or review the following details:

Detailed Fields Table Here:

Field	Definition
Portfolio	Choose the portfolio from the drop-down menu where the order will be executed.
Order Initiator	Automatically selected based on the portfolio you choose; represents who is initiating the order.
From Bank Account	The bank account from which the currency will be sold; taken from the selected FX transactions.
To Bank Account	The bank account to which the currency will be credited; typically entered manually or auto-filled if linked to selected transactions.
Sub Type	Specify whether the order is SELL or BUY; determines the direction of the FX trade.
Sell Currency	The currency you are selling; auto-filled from the FX Debit transaction.
Buy Currency	The currency you are buying; auto-filled from the FX Credit transaction.
Order Type	Determines execution method: Limit (execute at a specific rate) or Market (execute immediately at market rate).
Limit	The exchange rate for executing a Limit order; only applicable if Order Type is Limit.
Value Date	Select when the trade settles: TOD (today), TOM (tomorrow), or T+2 (two business days after trade date).
Sell Amount (*)	The amount of currency to sell; calculated automatically based on selected FX transactions.
Balance	Remaining balance in the portfolio or bank account after executing the order.
Trading Type	Choose execution method: OTC (Over-the-Counter) or DMA (Direct Market Access).

Additional Information:

After filling/reviewing the form, click Sell or Buy to create the SELL/BUY FX order.
The order is automatically executed.
All selected FX transactions and associated Commission transactions are updated to Confirmed status.

Omnibus Bank Account

When your selected transactions belong to an Omnibus Bank Account, the platform opens a form after you click Postallocate.

You need to fill in or review the following details:

The platform automatically splits Commission (from Fee transaction) according to allocated quantity.

Detailed Fields Table Here:

Field	Definition
Portfolio	Choose the portfolio from the drop-down menu where the order will be executed.
Order Initiator	Auto-populated or selectable after Portfolio is chosen.
Sub Type	Defines the direction of the FX trade: SELL (base currency) or BUY (quote currency). Must be selected to proceed with order entry.
Currency (Sell)	The currency being sold. Available options may depend on portfolio and account settings.
Currency (Buy)	The currency being bought in exchange. Cannot be the same as the sell currency.
Order Type	Specifies how the trade should be executed (e.g., LIMIT, MARKET). Affects visibility of pricing fields like Limit.
Limit	Only visible/applicable if Order Type is LIMIT. Represents the exchange rate or limit price for the FX order.
Value Date	Determines the settlement date. Options are TOD, TOM, or T+2. May be restricted based on currency pair and market cut-off times.
Trading Type	Indicates whether the trade is via OTC or DMA.
Portfolio / Account	Pulled from the selected Portfolio. Lists available client accounts tied to the portfolio.
From Bank Account	Auto-filtered based on the selected client account. Indicates where the funds will be drawn from.
From Balance	Shows the available balance in the From Bank Account. Auto-populated based on account selection.
QTY (Quantity)	Quantity of base currency (e.g., EUR in a EUR/USD pair) to sell or buy. Input manually or system validated against balance.
To Bank Account	Destination account for the proceeds of the transaction. Auto-suggested or selected from available accounts.
Manager	Manager responsible for the transaction. Usually pre-filled based on the portfolio or user role.

Additional Information:

The order is automatically executed.
All selected FX transactions and Commission transactions are updated to Confirmed on both:
- Omnibus level
- Individual clients’ level