Clients (via adviser / platform instruction) can convert between supported currencies. FinClear sources executable wholesale liquidity from major banks. FX quotes are shown as all‑in client rates inclusive of FinClear spread and broker and adviser spread. Adviser spreads are customizable at the trade level within agreed mark-up ranges.
Every executed FX conversion routed through the Cash Hub generates a FinClear FX Contract Note (also referred to as an FX Confirmation) that is delivered electronically to the adviser and/or the authorised client contact. Trade confirmations disclose trade date, conversion pair, notional, and client rate. These confirmations form part of FinClear's regulated books & records and support audit, tax disclosure, best‑execution review, and client dispute resolution.
Relationship to statements & CRP
FX contract notes evidence the specific conversion; they do not themselves generate return.
Resulting cash movements feed the client account ledger and flow through to Cash Hub statements.
CRP accruals are calculated off eligible end‑of‑day balances after FX settlement posts; the FX note is therefore informational but timing‑relevant.