Why would I submit an FX transaction to the FXCONV destination?

Route orders to FXCONV if you are not interested in tracking the average cost and running P&L on your currency trades in your trading platforms.Orders routed to FXCONV in TWS:Do not create or adjust Virtual FX Positions in FX PortfolioAre not reflected in the trading platforms' P&L.Orders routed to **IDEALPRO **in TWS:Create or adjust Virtual FX Positions in FX PortfolioAre reflected in the trading platforms' P&L when FX Portfolio is displayed.Please note:All currency trades at MEXEM, both destination FXCONV and IDEALPRO, imply currency delivery and result in currency conversionsDestination IDEALPRO or FXCONV has no impact on the Activity Statements' P&L. See: How is P&L on Forex calculated?Only TWS allows you to select FXCONV; the other trading platforms always route currency orders to IDEALPRO.See also: How do I hide Virtual FX positions?

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