Getting FX forward rate

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in RFA

Hi, I am new to RFA and trying to get FX forward rate. My doubts are

1. FX forward rates are available in LEVEL1 or LEVEL2 market data

2. Whats the message type for FX forward price

3. Whats the service name should be used for creating request message.

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Best Answer

  • Lars-at-Addicticks
    Lars-at-Addicticks Expert
    Answer ✓

    1. LEVEL1

    2. MARKET_PRICE

    3. Depends on your site. If you are connecting into a TREP system then you need to understand that such a system is multi-feed and feed agnostic. It may be that Thomson Reuters have developed the TREP software but the bank (I assume you are in a bank or something?) may connect just about anything to their TREP system, including say a Bloomberg feed and various direct feeds. Some banks have >15 services (i.e feeds) on their TREP system.

    Most people would want to take FX Forward rates from a Thomson Reuters feed (because Thomson Reuters is generally regarded as the best source for such rates), so that is probably what you want as well. Look for a service name such as IDN_SELECTFEED, IDN_RDF or ELEKTRON_DD. It all depends on your site.


    You can use TRexplorer to browse your TREP system.

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