Do you offer FECs to protect against exchange rate volatility?

Yes, you can hedge your currency risk through a forward exchange contract, commonly known as a FEC or forward cover. This is a contract whereby an exchange rate is fixed for delivery at a future date (up to a maximum of 12 months).

We offer the following FEC types:

  • Fixed – For delivery on a fixed date.
  • Semi Optional – For delivery anytime between two dates following the booking date.
  • Fully Optional – For delivery anytime from the booking date until a future date.

Forex - Services > Do you offer FECs to protect against exchange rate volatility?
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