020 7898 0500Overview
Market Orders
A market order is usually done immediately but you can give additional instructions, such as a limit order or stop loss order. This means that it will be completed at some point in the future, dependent on market movements. Requesting a rate is no guarantee that the rate will be hit, but if it is hit, we guarantee execution.
Our dedicated team of currency risk management experts are on hand to exchange your money into a variety of different currencies, enabling you to make instant international payments.
We are passionate about working closely with our clients to deliver a proactive, solution-led service. Our team will work with you to develop a bespoke strategy for managing risk.
We provide professional currency guidance on market movements that helps our clients minimise risk when making foreign currency exchanges.
Why Use Market Orders:
If your business does not need to make international payments immediately, but will likely have to at some point in the medium to long term, then market orders can be an extremely useful part of your currency risk management toolkit. Our team is on hand to discuss your specific requirements, talk you through the relevant options, and help you determine which type of market order is the correct one for you. We offer two types:
Limit Order – A limit order enables you to set a specific rate of exchange that is above current market levels. Once this rate is reached, you will automatically purchase your currency.
Stop Loss Order – A stop loss order works in a similar fashion to a limit order, but instead of specifying the target rate at which you want to purchase currency, you specify the minimum exchange rate at which you would be willing to trade.
Case Study
Pure and simple
Learn how a pharmaceuticals manufacturer used market orders to achieve a better blended rate.
Managing currency exposures is key in volatile markets. Our team were able to implement a range of risk management strategies to mitigate this company’s exposures.
Achieving budgeted rates
We put strategies in place that helped equal or outperform the budgeted level
De-leveraging
Market orders helped the business move away from its “all or nothing” approach
Building trust
The relationship we established is built on trust on both sides
What makes us different
SmartHedge
SmartHedge is our currency management platform that makes tracking exposures simpler than ever. Developed and tested to address pressing challenges UK companies face, SmartHedge offers automated solutions that allow business to spend less time pouring over spreadsheets and more time making the decisions that matter.
From reporting and valuations to cashflow forecasting and stress testing, SmartHedge helps businesses find clarity in chaotic markets.
Our Sectors
Aviation
Fashion
Film & TV
Manufacturing
Pharmaceuticals
Travel
How we work
Trading with us is simple
Follow our streamlined steps to navigate currency markets effortlessly.
Open an account
Opening an account with Smart Currency Business is simple.
Quick and easy
Complete the enquiry form below, or give us a call.
Guided process
Our team will be happy to guide you through the process.
