If you are investing money overseas or receiving the proceeds of an overseas investment or pension, it's worth ensuring that you receive the very best exchange rate and minimise your fees. For small amounts, high fees and uncompetitive exchange rates can make a considerable difference to the final amount that you receive. UKForex can ensure that you maximise the value of your foreign exchange deal.

Investing Overseas

It makes absolutely no sense to lose some of your funds before you have even invested them! This is precisely what is happening if you're paying excessive fees or receiving uncompetitive exchange rates when you purchase foreign currencies to invest. UKForex can help ensure that more of your money arrives where it should by giving you an excellent exchange rate and taking a low (or no!) fee. You spend time ensuring that your investment is going to reap you the best rewards so why not spend time ensuring that you are receiving the best exchange rate.

American Option
An option which may be exercised at any valid business date through out the life of the option.

Arbitrage
A risk-free type of trading where the same instrument is bought and sold simultaneously in two different markets in order to cash in on the difference in these markets.

Adjustable Peg
An exchange rate system where a country's exchange rate is "pegged" (i.e. fixed) in relation to another currency. The official rate may be changed from time to time. See peg, and crawling peg.

Aggregate Risk
Total amount of exposure a bank has with a customer for both spot and forward contracts.

Ask
The price at which the currency or instrument is offered.

Association Cambiste Internationale
The international society of foreign exchange dealers consisting of national "Forex clubs" affiliated on a worldwide basis.

Around
Used in quoting forward "premium / discount". "Five-five around" would mean five points on either side of the present spot value.

At Best
An instruction given to a dealer to buy or sell at the best rate that is currently available in the market.

At Par Forward Spread
When the forward price is equivalent to the spot price.

At the Price Stop-Loss Order
A stop-loss order that must be executed at the requested level regardless of market conditions.