• Home
• Payments
• Risk
• Products
• Partners
• About
• FAQs
• News
• Blogs

Currency Risk: Advanced

So you understand the concepts of Currency Risk and want to know how to manage that risk? There are a number of ways to achieve this depending on what your specific needs are.

FTT has a range of unique tools and services that are available to private individuals and corporate users. Why let the big banks and major corporations have all the best tools?

I want absolute certainty and no risk

You need to pay or will receive foreign currency in the future and want to be certain how much this will be in your domestic currency.

Buy a Forward Contract on our system. This fixes the exchange rate today and sets the date (up to a year in advance) for when you will actually need the currency.

We are flexible and can adjust the date of when you get the funds but there may be small charge to pay when we do this. To hold the rate we will ask you to provide a deposit of 10%.back to the top

I want to achieve a better rate than I can get today

Place an Order on our system. You set the best exchange rate you want to achieve. This is known as a TAKE PROFIT ORDER.

If at any-time, day or night, 7 days a week, your rate is available, the system will book your payment and email you to let you know.

Often the markets become more volatile overnight or at weekends and the best rate may be available at 3am on Monday morning. FTT is the only company in the world which provides private individuals and small companies with access to these rates.back to the top

I want to limit my risk but take advantage of any beneficial movements in the rate

Place an Order on our system. You set the minimum exchange rate you will accept. This limits your risk as you know that is the lowest rate you will get. This is known as a STOP LOSS ORDER.

If the market moves in your favour, you book a better rate of exchange. If the market moves against you, your Order will trigger and protect you from loss by locking in your minimum rate.back to the top

I have some appetite for risk but within clearly defined boundaries

Some clients place both a STOP LOSS and a TAKE PROFIT ORDER. This is known as a COLLAR on the market. This means the client knows they are certain to get a rate between the two Orders.

You will have minimized your risk but been able to take a chance on the rate improving for you.back to the top

My situation is complex and I need some advice

If you have a series of Foreign Currency needs over a period of time, we are happy to talk this through with you and explain which tools and strategies might best address your needs.back to the top