More Hertfordshire businesses are choosing Foremost Currency Group for their business currency exchange needs
Currency companies are experiencing unprecedented demand for their specialist FX exchange services, none more so than locally based Hertfordshire currency company – Foremost Currency Group.
Founded in 2005, the company has gone from strength to strength and now employs over 30 staff, servicing a wide range of personal and business clients.
At Foremost Currency Group Kingsley Walker is one of the brokers working with local businesses, from St Albans across to Aylesbury, helping them to make the most of their currency exchange, by sharing his in-depth market knowledge and flexible trading options.
“Banks are good at providing a range of services, but currency exchange is not their area of expertise.”
As we trade more we find ourselves needing specialist services supported with latest market knowledge, our need for a currency specialist increases.
After all, we all want to get the best rate of exchange and it is critical for businesses as it immediately impacts on their bottom line.
Significant swings in the exchange rates of different currencies are an everyday occurrence.
Recently we have been very close to an 8 year high in the sterling /euro rate, resulting in many businesses and private clients wanting to capitalise and move money quickly, securely and confidently.
William Young 1876, a Berkhamsted tailoring business needed to purchase currency for payments to Europe and China.
Securing the best rate of exchange at the right time was important to them, as any additional costs incurred through trading ineffectively would mean a loss to their business and a reduction in profit margin.
By understanding their business needs and supplier chains we were able to make sure they timed their currency conversion effectively.
The tools available to our business clients allow them to adapt to any situation that occurs in the marketplace.
Spot contracts are the quickest and simplest way to buy and sell currency. Forward contracts help to minimise risk.
Forward contracts have proven to be extremely popular with business clients, considering the volatility associated with the foreign exchange market.
They allow you to buy or sell a currency at a fixed rate for a period of up to two years into the future, protecting you against volatility but allowing you to budget effectively. We also have two further tools available.
Limit and stop loss orders are both designed to help tailor our foreign exchange solutions around your business, ensuring we are helping you effectively budget and forecast your foreign exchange exposure.
If your business is buying or selling currency and you would like to chat to me about how you can make the most of your trade, or just to discuss options or get an independent market view, please just call on 01442 892071 or email me firstname.lastname@example.org.
Notes to editors:
Kingsley Walker: Foremost Currency Group Currency Broker, specialising in working with clients in Maylands Business park , Hemel Hempstead, Berkhamsted, Watford, St Albans and Aylesbury.
About Foremost Currency Group:
“We are committed to shaking up currency exchange by operating in a smarter, leaner and more efficient way, passing the savings onto you and getting you a better rate; every time you trade. Say goodbye to impersonal service and hello to your new dedicated broker. Committed to working on your behalf to get you the very best deal possible.” Robin McEwen, Managing Director
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01442 892 060