Capture positive upside movements
and mitigate downside losses.
Market orders and stop losses allow you to target specific exchange rates, along with limiting downwards market movements.
What are Market Orders?
Market orders enable you to target specific exchange rates that are not currently available, making them ideal if your transfer is not time-sensitive. They come in two forms:
Limit orders: Set a target exchange rate, allowing you to execute a transfer if the rate is reached in the future, often securing more favourable terms.
Stop-loss orders: Set a minimum exchange rate to protect against unfavourable market movements.
To mitigate risks, foreign exchange specialists like Millbank FX utilise various market order strategies to help you secure the most advantageous rates.
"Utilising market orders and stop-loss strategies has been invaluable to our business.Millbank’s team worked closely with us to develop a tailored approach, that protects our margins and secures target rates. All while maintaining flexibility in our international transactions."
Overview:
Adpress International FZCO is a worldwide provider of Telecommunication solutions. Distributing to the USA,Europe, and Asia since 2006.
The business has substantial trading volumes across a number of key currencies. Along with short windows of discretion over how to price and execute deals.
The Challenge
Due to operating with international customers on a 24-hour basis, often a lack of liquidity in overnight markets.
FX pricing with banks and no bank providers in non-trading hours often has treasury padding and wider rates.
Order agreed and the client having to monitor the market themselves which is time intensive and reduces focus on main business.
Solution:
Pre-determined execution levels agreed with Millbank FX dedicated dealer.
Downside limits set in line with client risk appetite and FX market conditions.
Order flexibility with both good-until-cancelled and set deadline options.
Results:
Exchange Rate Optimisation.
TimeEfficiency and Automation.
Safeguarding Profit Margins and Budget Certainty.
Safe, Reliable, and Regulated by the FCA
Millbank FX is authorised by the Financial Conduct Authority (FCA), ensuring your funds are safeguarded with the highest standards of security and reliability.
Safeguarded Funds
Your funds are held in safeguarded accounts, kept separate from operating funds, providing peace of mind with every transaction and an extra layer of security.
Secure and Trustworthy
Our advanced encryption and security protocols protect your data, ensuring every transaction is secure and handled with the highest level of integrity.
FCA Authorised
As a licensed payment institution, we meet rigorous regulatory standards and report to the Financial Conduct Authority (FCA), ensuring robust oversight and compliance.
With Millbank FX You Will:
Schedule Your Consultation
Beyond Market Orders & Stop Losses
By working with us you’ll get access to our full suite of services.
Currency Risk Management
Customised and managed strategies to help you hedge against FX volatility.
International Payments
Ensure smooth global transactions with fast, secure payments across 120+ countries.
Institutional FX Rates
Access institutional-grade FX rates that save your business money on every transaction.
Multi-Currency Account
An account in your name to make and receive payments in 38 currencies.
FX Market Analysis
Leverage cutting edge technology to attain expert market data.
Get in Touch
Contact us to discuss how to protect you, your business and your profits.
