IFEX – FOREIGN EXCHANGE

IFEX was created in order to provide Foreign Exchange Services on a global scale. Comprised of dedicated dealers with collectively over a century’s experience in the financial markets IFEX are perfectly placed to cater  for our clients every need.

Taking the time to understand each individual client’s exposure to the largest and most liquid market in the world allows us to deliver a range of knowledge with the objective of minimising risk. Whether it be adverse movement, operational or regulatory risk our qualified professionals will provide the insight you need to succeed.

We utilise our global purchasing power to negotiate the sharpest pricing available from a pool of liquidity providers on behalf of our clients. Multiple access points to the FX market ensures optimal levels of execution for all patrons of IFEX.

CORPORATE & INSTITUTIONAL

• FX Spot Contract – Spot trades allow the securing of an exchange rate immediately. Traditionally, a spot trade would be settled up to 48 hours after execution of an order however today’s banking allows for immediate settlement.

• Flexible Forward Contract – Vanilla foreign exchange forwards can produce simple, cost effective hedging solutions to mitigate some, or eliminate all FX risk, depending on each clients’ preference. Time-frames for forward contracts range from between one week and two years and are referred to as ‘vanilla’ due to the simple way in which they can be implemented.

• FX Swap – FX swap is a simultaneous purchase and sale of identical amounts of one currency for another with two different value dates usually spot to forward. An FX swap allows sums of a certain currency to be used to fund charges designated in another currency without acquiring foreign exchange risk. It permits companies that have funds in different currencies to manage them efficiently.