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The organization has previously configured the Quotation Tolerance Interval field in the Currency Spot Rates entity to a value of 600 seconds (10 minutes).
An order is created at 1:00 PM on January 15th that requires a cross rate between Japanese yen and US dollars. Since the two existing cross rates fall within the organization's quotation tolerance interval of 10 minutes, they are used to derive the cross rate of ¥115.7265 to $1.
If the two existing cross rate record fall outside of the quotation tolerance interval, a derived record is not created. If a previously derived cross rate exists, that cross rate is used for the transaction. If a previously derived cross rate does not exist, the transaction cannot be completed and an error displays.