Buy or sell a currency for immediate delivery. Spot contracts are suitable if you want to receive your currency quickly and efficiently while achieving the best rate available.
Fix an exchange rate at which you buy or sell currency for delivery at a later date (up to two years). Forward contracts protect against adverse currency movements and can be used to lock into favourable exchange rates.
A Stop-Loss Order
Set a minimum level at which you buy or sell your currency. Your order will be fulfilled automatically if this rate is reached, effectively guaranteeing a minimum rate at which your currency will be exchanged.
A Limit Order
Set a higher target exchange rate at which, if this rate is achieved, you buy or sell your currency. If you run a limit order in parallel with a stop-loss order, the exchange rate at which you trade is guaranteed within a given range, giving you the advantage of predictability.
As currency markets are always on the move, we monitor your orders constantly. With your approval, we will keep you informed and make sure that levels are amended in response to current market conditions. The flexible nature of market orders, coupled with the expertise, market knowledge and dedication of our Dealers, will ensure that your foreign exchange needs are managed proactively, 24-hours a day.
Alternatively, you can call us on +44 (0)20 7589 3000 or send us an email for more information.