Corporate and Institutional Sales
FX - We are active in Spot, Swaps & Outright on G7 and GCC Currencies
FX Sales Desk can offer balance sheet hedging solutions to Corporates and Institutions in order to mitigate foreign exchange and Interest rate risks.
Spot Contract - A foreign exchange contract that allows you to convert foreign currency at today's market foreign exchange rate. In most cases, final settlement occurs two business days later. Spot contracts are used when one may want to make or receive a payment for products or services in a foreign currency or when you wish to convert one currency into another.
Forward Contract - Forward foreign exchange contracts protect your profit margin when receiving or making a foreign currency payment at some point in the future, usually as a result of foreign sales or purchases. Customers must have an approved credit facility with the bank to enter into foreign exchange contracts.
Plain Vanilla: We quote plain vanilla Options on G7 currencies
CALL and PUT Options are advanced hedging instruments used to hedge your payables and receivables.
Call Options - Provides the holder, the right but not the obligation to purchase an underlying asset at a given price for a specified date and time.
Put Options - Provides the holder, the right but not the obligation to sell an underlying asset at a given price for a specified date and time.
Exotics: Barrier Options – Knock in, Knock out, KI with rebate, KO with rebate
Barrier options are vanilla European options with the addition of either one or two barriers which act to either extinguish or activate the option. They are also known as Trigger options. The various types of barriers are knock in, knock out, double knock in, knock in with rebate, among others.
For more information, please contact the Desk at: