Foreign exchange

All our FX specialists and strategists are experienced, and certified under the Senior Manager & Certification Regime, having completed comprehensive ‘Fit & Proper’ assessments and annual checks.

We’ll work closely with you to identify your currency risks and design solutions specific to your situation. 

Our experienced team draws on a wide variety of financial markets instruments, to design the right solution for you. We provide a dedicated point of contact for all of your FX requirements.

We provide bespoke and tailored facilities to the specific requirements of our corporate and commercial clients.

Exchange rate volatility can have a negative impact on your finances. Our FX hedging solutions could allow you to minimise the risk of fluctuating rates, and identify ways to maximise opportunities. 

These solutions enable you to make financial forecasts with more confidence, and so manage your cash flow more effectively.

Settling transactions safely and securely is paramount to our service. As part of the on boarding process, we authenticate a standard set of instructions so we can settle deals directly to your account. 

We also offer the ability to automatically debit your account in event of a transaction. This removes the cost and risk of you having to manually send us funds, as well as making the process more efficient for you.

Access a broad range of electronic facilities for trading and deal management via our e-commerce platform Agile Markets. 

Get access to current market forecasts and research. Secure FX rates in more than 60 currency pairs, 24 hours a day, 5 days a week with pricing across a wide range of currencies and maturities.

Situation:

Simple FX transactions You need to send US$1M to Hong Kong to pay a supplier today. 

Customer requirement:

You want to know the cost in GBP before sending the payment. 

Solution:

You use Agile Markets to book the GBP/USD exchange rate, so you can determine the GBP cost of the USD expense.

Situation:

You purchase goods from Asia on an ongoing basis which are sold in the UK. There is a lag (typically 3-6 months) between when you pay for the products in USD, and subsequently sell them in GBP. 

Customer requirement:

Adverse FX movements can jeopardise your profit margin. You want an FX solution that protects you from such adverse movements. 

Solution:

You use Agile Markets to book FX forwards, as this provides certainty on the GBP cost of USD purchases in the future. Having certainty over the GBP costs, helps to protect your profit margins.

Situation:

You are purchasing a machine from Germany and are expecting to pay for it in EUR in 6-9 months. 

Customer requirement:

You want an FX solution that provides rate certainty (so you can budget for the required EUR payment) but flexibility on when you can use the contract (within a 3 month period). 

Solutuion:

You use Agile Markets to book an FX forward time option, providing you with certainty on the GBP cost of the EUR purchase between the required range of possible future payment dates.

Situation:

You want certainty on the future exchange rate for a known USD requirement but you’re concerned that the customer you supply (a retailer) will want to renegotiate price reductions if the GBP/USD spot rate rises.

Customer requirement:

You need access to an FX specialist to discuss your situation and understand potential risk management solutions. 

Solution:

Our FX specialists work with you to provide a selection of solutions that allow you to hedge against falls in GBP/USD, but allow for part / full participation if a favourable spot market moves higher (so you can pass this on to your customer if they seek to renegotiate prices).