# Section 4 - One-way pricing

## Setting up an FX Tile with One-way pricing

Tiles can be used with One-way pricing where only the buy or the sell rate is displayed on the tile, showing one direction to trade in. A Two-way pricing tile can be switched into a One-way pricing tile using the menu icon:

![one-way_pricing_intro_image](../images/one-way_pricing_intro_image.PNG)

When switching to a One-way pricing tile, all user submitted data (Amount, Settlement date etc.) is retained. There are two additional features that are unique to a One-way pricing tile; the tile provides a toggle box for controlling the type of rate displayed on the tile - whether Sell or Buy. The other feature is a visual display for the **Contra Amount** directly on the tile:

![one0way_pricing_tile_explained2](../images/one0way_pricing_tile_explained2.PNG)

## Executing a trade using One-way pricing

### Spot Trade

Begin by specifying the following:

1. A Currency Pair to trade currencies across e.g. GBPUSD, EURUSD, etc.
2. Intention to Buy or Sell - control this using the BUY/SELL toggle box
3. A trade amount e.g. 1,750
4. A Dealt Currency - this specifies the currency of the trade amount e.g. $1,750 USD or £1,750 GBP on a GBPUSD currency pair
5. A Settlement Date - the settlement date field should be set to SPOT

![executing_tile_one-way_pricing_REVISED](../images/executing_tile_one-way_pricing_REVISED.PNG)

### Forward trade

Setting up a forward trade here is similar to the spot trade example, except that you will be specifying a Forward date in the settlement date field instead of SPOT e.g. 2M (two months from SPOT):

![executing_forward_one-way_pricing_REVISED](../images/executing_forward_one-way_pricing_REVISED.PNG)

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**FX Tiles Documentation:**

* [Introduction](fx-tiles.md)
* [Section 1 - Using an FX Tile](section-1-using-an-fx-tile.md)
* [Section 2 - Using other FX Tile components](section-2-using-other-fx-tile-components.md)
* [Section 3 - Validation and Error messages](section-3-validation-and-error-messages.md)
* [Section 4 - One-way pricing](section-4-one-way-pricing.md)
* [Section 5 - NDF Tiles](ndf-tiles.md)
* [Section 6 - Integrating FX data with a tile](section-5-integrating-fx-data-with-a-tile.md)
* [Section 7 - System Availability and Permissioning](section-6-system-availability-and-permissioning.md)
* [Section 8 - Code architecture](fx-tiles-code-architecture.md)