Description
Type: int
The source of where to obtain the FX benchmark rate to use for fixing the rate.
The value in this field can be different from LegRateSource <3117>. For example, "Bloomberg" can be the reference source identified in LegRateSource <3117>, and LegFXBenchmark <3122> can be "central bank" - what this says is to use Bloomberg to look up/reference the published central bank rate. Likewise, the BFIX rate for fixing (LegFXBenchmark <3122>=1 (Bloomberg)) can be sourced from Reuters (LegRateSource <3117>=1 (Reuters)). If the source for benchmark fixing rate is the same as the reference source (LegRateSource <3117>), this field, LegFXBenchmark <3122>, can be omitted.
Valid values:
-
1 = Bloomberg
Also referred to as BFIX.
- 2 = Central Bank
- 3 = WMR
-
4 = Mitsubishi-UFJ
Also referred to as the Tokyo Fix.
-
5 = London Bullion Market Association
Gold and Silver fixes are LBMA rates generated by ICE; Platinum and palladium fixes are LBMA rates generated by LME.
-
6 = London Metal Exchange
Base metal prices come from the LME. LBMA should be used for platinum and palladium even though these are LME rates.
-
99 = Other
An appropriate reference page, ReferencePage <1448>, at the specified RateSource <1446> needs to be specified.