Treasury

Probitas Fidelis offer a wide range of Foreign Exchange Services…

In order to fulfil our clients’ every need, we offer a wide range of services within the treasury department. Whether you require a SPOT transaction or a longer running GTC Market Order, our specialists will facilitate the process and help to ensure the most competitive pricing available.

For more in depth information or a free FX consultation, please talk to your personal trader who is best placed to advice you. Alternatively, please call +44 (0) 1865 569110 to enquire.

A SPOT trade represents a ”direct exchange” between two currencies. It is usually a two day delivery transaction and involves a wire transfer rather than a contract.

 

Probitas Fidelis also offers the facility for same day currency delivery on major pairs, if you have an urgent need and the right tools in place to cover the trades.

 

* The exchange rates shown are based on today’s Interbank rates. This is the rate at which only banks and brokers buy and sell money to each other. They are provided on this website for indicative purposes only.

A forward transaction consists of a purchase of currency for delivery on a pre-agreed date. The rate is secured on the day of the trade and will not change regardless of market trends.

 

Forwards are often used to hedge risk (typically currency or exchange rate risk), in order to allow a client to take advantage of the rates of exchange, which are normally volatile.

 

Probitas Fidelis can offer fixed date forwards (to be settled on the agreed future date) and window/flexible forwards, which allow you to settle the trade over a period of time rather than on a specific date.

 

Probitas Fidelis also offers the opportunity to rollover the remaining balance for an extra 12 to 24 months. This helps you manage your cash flow accordingly.

A currency swap is a financial instrument that helps parties to swap a predetermined amount in different currencies, and thus pay interest payments on the received currency. Currency swaps benefit both parties in order to hedge against risk exposure associated with exchange rate fluctuations, ensure receipt of foreign monies and to achieve better lending rates.

An option is a contract that grants the holder the right, but not the obligation, to buy or sell currency at a specified exchange rate during a specified period of time. For this right, a premium is paid, and it can vary depending on the number of contracts purchased. Currency options are one of the best ways for corporations or individuals to hedge against adverse movements in exchange rates.

A stop loss order is an order that closes out your trading position with the intent of cutting your losses when the market moves against you.

 

It provides the benefit of cutting losses so that you may move on to new opportunities, and also eliminates the anxiety caused by being in a losing trade without a plan.

 

Probitas Fidelis and its counterparties around the globe allow your targeted price to travel through the various trading sessions.

A market order or stop loss is an order placed to buy/sell currency at a certain price. You specify the price at which you wish to buy/sell the required currency pair and also the duration for which the order should remain active.

 

Good Till Cancelled: A GTC order remains in the market until the client decides to cancel the trade or until the order reaches the required level and is executed.

 

Good For The Day: A GFD order remains active in the market until the end of the trading day. Since foreign exchange is an on-going market, the end of day must be a pre-set time.

 

This instrument allows clients to achieve a targeted rate of exchange or simply take advantage of highs or lows of the chosen pair. This instrument can be used for Spot or Forward transactions. Probitas Fidelis and its counter-parties around the globe allow the client targeted price to travel through the various trading sessions.