Market Orders

Exchange Rate

Market orders enable businesses to target a specific exchange rate that is not currently available. If your business dealings mean that you require a specific price, then you can activate a market order that will secure that price when it becomes available.

Overview

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.

Experts

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.

Passionate

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.

Professional

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.