Discover Refinitiv
MyRefinitiv Refinitiv Perspectives Careers
Created with Sketch.
All APIs Questions & Answers  Register |  Login
Ask a question
  • Questions
  • Tags
  • Badges
  • Unanswered
Search:
  • Home /
  • Datastream /
avatar image
Question by sjh0724 · Oct 23, 2019 at 07:44 AM · datastreamdatastream in pythonforward fx priceforwardpts

How can I figure out Forward PTS Data?

Based on answers from customer service, I confirmed that PTS is either added or subtracted from Spot rate.

But, when I used "USD to GBP Exchange Rate" (Blue Column)/ "USD to GBP 3Month Forward Exhange Rate" (Green Column) to calculate PTS (Pink Column), as you can see the result is different from the real PTS (Red Column).

So, how can I actually use the real data in the two columns in blue and green to get the data in red column?


Ref)

The terms (TR) in the Datastream mnemonics TDEUR3M is an abbreviation for Thomson Reuters denoting the source of the series.
With regards the term PTS in connection with the series EUR3MFP, this is short for the term Forward Points.

Forward points are the number of basis points added to or subtracted from the current spot rate of a currency to determine the forward rate for delivery on a specific value date.
When points are added to the spot rate, this is called a forward premium; when points are subtracted from the spot rate, the currency trades at a forward discount.

The spot exchange rate is adjusted based on the difference between the interest rates of the two currencies and the time until the maturity of the deal, which yields the forward rate. Thus the spot foreign exchange quote is adjusted by applying, for example, the three month forward points to it, to calculate the full three month forward foreign exchange quote.

Example: If the spot foreign exchange quote is: GBP 1 = 1.6000 - 1.6010 USD And if one-month forward points are 5-8 (rising): Then the one-month forward exchange quote is calculated by adding the forward points as follows: 1.6000 + 0.0005 = 1.6005 USD 1.6010 + 0.0008 = 1.6018 USD

The full forward quote (bid-offer) is: GBP 1 = 1.6005 - 1.6018 USD.

Regards,
Zac
Refinitiv Customer Support

refinitiv-question2.jpg (178.6 KiB)

People who like this

0 Show 0
Comment
10 |1500 characters needed characters left characters exceeded
▼
  • Viewable by all users
  • Viewable by moderators
  • Viewable by moderators and the original poster
  • Advanced visibility
Viewable by all users

Up to 2 attachments (including images) can be used with a maximum of 512.0 KiB each and 1.0 MiB total.

1 Reply

  • Sort: 
avatar image
REFINITIV
Best Answer
Answer by Monika.Stankovic · Oct 23, 2019 at 12:45 PM

Hello @sjh0724,

This forum is dedicated for questions regarding APIs and content questions as such should be directed to Refinitiv Helpdesk.


Comment

People who like this

0 Show 0 · Share
10 |1500 characters needed characters left characters exceeded
▼
  • Viewable by all users
  • Viewable by moderators
  • Viewable by moderators and the original poster
  • Advanced visibility
Viewable by all users

Up to 2 attachments (including images) can be used with a maximum of 512.0 KiB each and 1.0 MiB total.

Watch this question

Add to watch list
Add to your watch list to receive emailed updates for this question. Too many emails? Change your settings >
7 People are following this question.

Related Questions

Does Datastream has adjusted Prices? I am interested in European Stocks but I guess the question can be answer in a broader way. what type of adjustements are made (splits, dividends, inflation)

What is the time when Datastream updates closing price data??

New DSWS user can't connect for Python 3.6

Unable to pull multiple economic time series with pydatastream

WorldScope Fundamental Dates

  • Feedback
  • Copyright
  • Cookie Policy
  • Privacy Statement
  • Terms of Use
  • Careers
  • Anonymous
  • Sign in
  • Create
  • Ask a question
  • Spaces
  • Alpha
  • App Studio
  • Block Chain
  • Bot Platform
  • Calais
  • Connected Risk APIs
  • DSS
  • Data Fusion
  • Data Model Discovery
  • Datastream
  • Eikon COM
  • Eikon Data APIs
  • Elektron
    • EMA
    • ETA
    • WebSocket API
  • Legal One
  • Messenger Bot
  • Messenger Side by Side
  • ONESOURCE
    • Indirect Tax
  • Open PermID
    • Entity Search
  • Org ID
  • PAM
    • PAM - Logging
  • ProView
  • ProView Internal
  • Product Insight
  • Project Tracking
  • Refinitiv Data Platform
    • Refinitiv Data Platform Libraries
  • Rose's Space
  • Screening
    • Qual-ID API
    • Screening Deployed
    • Screening Online
    • World-Check One
    • World-Check One Zero Footprint
  • Side by Side Integration API
  • TR Knowledge Graph
  • TREP APIs
    • CAT
    • DACS Station
    • Open DACS
    • RFA
    • UPA
  • TREP Infrastructure
  • TRIT
  • TRKD
  • TRTH
  • Thomson One Smart
  • Transactions
    • REDI API
  • Velocity Analytics
  • Wealth Management Web Services
  • World-Check Data File
  • Explore
  • Tags
  • Questions
  • Badges