Our unique scheduled exchange allows you the opportunity to transact at the mid-market rate. Essentially you, and other clients, deposit funds either side of the exchange and we aggregate as many requirements as possible to optimise opportunity to match currency.
Depending upon the currency pairing and demand we operate exchanges at periodic intervals throughout the day, with a minimum of one scheduled exchange at midday.
If an exchange is incompletely matched, you benefit from our market buying power. We pass through the wholesale rate we receive and share the split between matched currency and wholesale-acquired currency evenly across all exchange participants.