Settlement.

Our clients enjoy a fast settlement process on all transactions, in part because we process larger but fewer transactions than mainstream providers. As a result, we’re not confined to payment batch times and can therefore reliably ensure funds are settled the same day and usually within the hour.

On the value date, if you wish to extend a forward contract, we can roll your hedge based on the original contract rate, and will simply apply our margin and the forward point adjustment to the new value date.  This avoids crystallising a loss or gain, further stabilising cash flows, simplifying administration and avoiding an impact to your profit and loss over reporting periods.

If you wish to cancel a contract, we will book an equal and opposite trade in order to neutralise the original contract.  We will apply a margin to this trade which will be in line with the margin applied to your original contract, and any gains or losses will be passed onto you.