FX Solutions

Explore our corporate risk management and foreign currency trading services, to help clients improve business efficiency, managing cash flow and foreign exchange risk.

Spot FX

A spot FX trade is a straightforward foreign currency exchange. Using real-time exchange rates, we offer same-day, next day and spot foreign exchange transaction services in over 60 different currencies. We access multiple pools of liquidity to secure sharper pricing, enabling our clients to benefit from seamless execution and fast, secure settlement.

Market orders

A market order is an order to buy or sell a specified amount of currency at a predetermined rate of exchange not currently achievable. This allows you to take advantage of market moves without having to keep track of the markets all day long.

MonFX offers two main types of market orders — limit orders (an order at a target rate better than where the market is currently trading) and stop loss orders (an order to instruct a trade at a predetermined rate, to prevent further losses if the markets start to move against you).

FX hedging solutions

Clients may benefit from a tailored FX risk management and hedging policy due to the nature of FX risk. At MonFX, we help with creating and monitoring a hedging policy as markets and businesses evolve over time.

Our team can assist by analysing your FX exposure and creating a portfolio of hedging transactions — including deliverable and non-deliverable FX forwards, swaps and options — to diversify your approach. Upon implementation, the performance of the hedging programme will be closely monitored to ensure it performs in line with your key objectives.

NDFs

A non-deliverable forward (NDF) is a type of contract that allows companies to offset the financial impact of currency movements. An NDF is most commonly used in markets where local currency controls restrict the availability of standard forward contracts, or where physical exchanges of currency are not required.

An NDF is a cash-settled forward contract. Instead of exchanging notional currency amounts on the value date, the trade is closed out, generating either a positive or negative cash flow that is usually directly opposite to the company's underlying exposure.

FX forwards

A forward contract is a customised over-the-counter (OTC) contract between two parties to buy or sell a currency at a specified price on a future date. It can be an effective solution to mitigate currency risk, providing certainty and flexibility with business costs such as global payroll, overseas invoices and intercompany transfers.

Fixes the value of future international payments and receipts
Protects profit margins, cash flow and your bottom line from currency fluctuations

Margin agreement

As part of our corporate foreign exchange offering, we can offer flexible margin to clients looking to hedge their FX exposures. Subject to creditworthiness, the margin agreement may lower or remove the requirement to place initial and/or variation margin with us that would otherwise be required against any forward trades.

MonFX Pte Ltd. only offers over-the-counter derivatives contracts (such as option contracts) to accredited investors or institutional investors under the Securities and Futures Act 2001. Option contracts are complex instruments and come with the risk of losing more than the amount deposited with MonFX Pte Ltd.