Currency Futures

Comprehensive currency solutions.

The foreign exchange market encompasses all the places in which one nation’s currency is exchanged for another at a specific exchange rate. The broadest definition of the forex market includes foreign purchases by individuals at bank branches for vacations or other personal reasons, as well as the large volumes exchanged between businesses and corporations and their respective banks.

The main thing that distinguishes the forward currency market from the spot market is the timing of the delivery. While transactions in the spot market usually settle one or two days after the trade date, the settlement of forward transactions can occur from one week after the trade date to as much as 10 years after the trade date.

This degree of flexibility makes currency futures a very powerful risk management tool for businesses.

Whether you are a business interested in managing the risks associated with transacting in foreign currencies, an asset manager or private investor wishing to neutralize the effects of foreign currencies on your portfolio, or if you simply wish to speculate on the direction of a certain currency, the Burak Hannon Brojde Group can design currency future strategies to meet your specific needs and objectives.