At RussellStone Treasury we pride ourselves in executing forex services and transactions efficiently, timely and at the best possible market rate. RussellStone Treasury will handle all foreign exchange administrative requirements and inquiries on behalf of our clients. We take care of all foreign exchange confirmations, settlements, regulatory compliance and reporting with regards to authorised dealers and SARB. We assist our clients in managing their foreign exchange risk by using of currency derivative instruments and superior timing of transactions. We assess each client’s current risk profile and advise accordingly. The derivative instruments that we make use of are forwards (FEC), futures, options and swaps.
The foreign exchange market is a global decentralised or over-the-counter market for the trading of currencies. This market determines foreign exchange rates for every currency.
Forex services or foreign exchange services is the exchange of one currency for another or the conversion of currency to another. Foreign exchange transactions comprise of everything starting from the conversion of money at an airport kiosk by a traveller to extremely large payments processed by governments, corporations and financial institutions. Forex is quoted in pairs with each representing a global currency or economy. The base currency is represents the volume you wish to trade and the quote currency represents the current exchange rate.
Contact Details for RussellStone Treasury Forex Services:
Website:
https://www.rstreasury.com/
Email:
trade@russellstone.co.za
Call:
+27 (0) 12 482 6636
