PEX FX offers several different contracts tailored to suit our client’s specific needs;
Spot Contracts
A ‘spot contract’ is an agreement to buy currency for immediate delivery (up to three days ahead). Spot contracts are suitable for businesses that are looking for the most competitive exchange rates and have an immediate requirement.
Flexi-Forward Contracts
A ‘forward contract’ enables our clients to lock in an exchange rate for delivery up to one year in the future. This allows companies to protect themselves from adverse currency movements and fluctuations, which is an attractive proposition for companies wishing to fix at a favourable rate.
PEX FX is also able to offer our clients a ‘drawdown forward contract’, which is similar to a forward contract; however, it allows clients to take early delivery of all or part of a forward contract.
Market Order
If you are looking to hit a specific level, we can arrange a market order. We monitor the markets on your behalf, so should the market hit your specific rate/level, your currency is bought or sold automatically as per your instruction. The order will be left in the system until it is amended, cancelled or has been fulfilled.
PEX FX offers several different contracts tailored to suit our client’s specific needs;
