---
title: How to Create Single Currency Trades
description: "1 For 1 Trades (e.g., CADCAD) may be booked for specific reasons, such as: In Kooltra, you can facilitate this using the 1 For 1 Deal Entry feature. To utilize this feature in Kooltra, navigate to Tra"
---

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# How to Create Single Currency Trades

1 For 1 Trades (e.g., CADCAD) may be booked for specific reasons, such as:

- Paying out a Vostro balance
- Transferring a Vostro balance to another account

In Kooltra, you can facilitate this using the **1 For 1 Deal Entry** feature.

### Booking a Single Currency Trade

To utilize this feature in Kooltra, navigate to **Trading \> 1 For 1 Deal Entry** in the side panel. Fill out the following fields on the trade ticket. Once completed, click **Deal Trade** to book the trade. If you wish to create an additional 1 for 1 trade, click the **Deal Trade and New** button to open a new entry screen.

![](https://help.kooltra.com/hs-fs/hubfs/Screenshot%202025-01-31%20at%2011-56-55%E2%80%AFAM-png.png?width=470&height=561&name=Screenshot%202025-01-31%20at%2011-56-55%E2%80%AFAM-png.png)

### Trade Information

**Counterparty:**  Specify a Counterparty/Account name. Note that only **Active** counterparties are shown. 

**Trade Type:** This field will auto-populate to the FX Spot/FX Forward trade type due to the nature of this transaction.

**Contact (Optional):** Specify the contact that is associated with this trade.

**Book:** Specify the book you would like this transaction to be under if your business segregates transactions into different trading books.

**CCY Pair:** Specify the currency pair. This dropdown will auto-populate to show single currency pairs only. The currencies that are available for selection are dictated by Entity and Account settings. 

**House Dealt Action/CCY:** Specify the direction of the trade(Buy/Sell).

**Dealt Amount:** Specify the notional amount to be bought or sold. 

**Rate:** The rate will automatically display as 1 and will be uneditable.

**Fee:** Enter a trade fee (commission) if required. Trade fees can also be assigned automatically through [Fee Groups](https://help.kooltra.com/knowledge-base/how-to-add-fees/commissions?hsLang=en).

**Trade Date:** If the current time is before 5 p.m. in New York, the trade date will automatically be set to today. However, if it is after 5 p.m. and before midnight, the trade date will default to the next business day.

**Value Date:** By default, the value date will be the spot date for the selected currency pair.

**Internal Comment & Client Comment:** You can add internal comments (e.g., notes for compliance officers) and client comments. Client comments appear on Transaction Confirmations and Client Statements, while internal comments are only visible to back-office users. Both comment types are available in reports.

### **Hedge**

In the Hedge section, the fields are locked for editing by default, and the hedge rate is preset to 1 for single currency trades.

 

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