You can elect to attach an FX Order in cases where you are buying a contract in a currency other than your base, and want to convert base currency to the currency of the contract to cover the cost of the trade.
To attach an FX order in Mosaic:
- Create a buy order in Order Entry panel.
- Left-click on Advanced, then select Hedge and FX Order.
- The appropriate currency pair is displayed.
- The attached fx order will sell your base currency and buy a quantity of the needed currency to cover the parent trade.
Additional Information
- Attach an FX Order in the TWS Users' Guide.
- Attaching an FX Order Study Notes