Currency Products Offered by VFX

February 16, 2012 at 3:20 PM

To target a higher exchange rate, try using a LIMIT ORDER. This allows you to take advantage of a spike in exchange rates without having to constantly monitor market movements yourself - we do it for you by placing a live LIMIT ORDER in the currency markets on your behalf.

If you know you have a currency payment to make in the future, but are worried what exchange rate you might receive, enter into a FORWARD CONTACT with VFX and secure your rate today. Instead of paying for all the currency upfront, you lodge a good faith deposit with us, held in our designated segregated client account with our treasury partner. This guarantee's your rate of exchange without having to pay for all their currency upfront. Piece of mind in the knowledge you know how much your new currency will cost in sterling. 

Call us if you would like to find out more information on these and other products.

Tags: forward contract limit order currency exchange