Registered: Jul 2010
07-30-12 06:41 PM
Quote from QuantaFX:
Thanks for your reply. I'm more looking for Foreign Exchange (FX) Brokers who help Importers / Exporters manage their Foreign Exchange commitments and risk through instruments such as FX Spot, FX Forward Contracts, FX Swaps. Other derivatives would be in there, but CFDs would be low on the list for this type of business.
By physical settlement I'm referring to the end clients of these Brokers taking actual delivery of what they have bought. For example, a diamond wholesaler in the UK will have a US dollar commitment in the form of invoices they need to pay (or expect to pay) for the diamonds they receive. The Broker will transact the FX deal and provide the US funds to the diamond wholesaler to pay off their invoice.
Sorry, if I have gone too basic here. I just wanted to make sure there was no vagueness about what we were looking for.
It might be that I am looking for Importer / Exporter Forums / Tradeshows that Foreign Exchange Brokers would target with the intention of finding new clients.
Any ideas would be great.
Have you ever heard of something called the futures market?
You won't QuantaHorseShit, let alone FX if you don't
This made me LOL:
"Brokers who help Importers / Exporters manage their Foreign Exchange commitments and risk through instruments such as FX Spot, FX Forward Contracts, FX Swaps"
Brokers don't help anyone but themselves, they do not trade and are not in the business of "helping" firms manage their risk. The risk management department in the company doing the trades manages the risk, not the broker.