Global markets are currently under wondrous press . Political unrest , manufacturer consolidation , unprecedentedly high raw cloth cost , and an increasingly volatile external grocery are affecting markets as never before .
StoneX , which specialize in cross - border payments to less coarse currencies , is thus set out many inquiries . " We take care of many payment for company . But , we ’re a one - stop - shop for many businesses . For example , we hedge their risks in , say , oil and gasoline transaction , " say Laurens Maartens .
Laurens Maartens
" Over the years , we ’ve gain ground a lot of agricultural commodities experience . In late week , for instance , grain prices have zoom . That will affect other commodities , and the come period will doubtless be very turbulent . This considerable excitableness has a ping - on effect on currency market . So , many corporations are come knocking . "
" The requital organization to Russia and Ukraine in local currencies are currently at a standstill , in effect likely FX investiture company had flee to safe havens . That ’s why in the retiring workweek , we have seen the value of the dollar , the yen , and the Swiss franc get up sharply . This also has an encroachment on the value of the more alien currencies , in which we are extremely specialized " , says Laurens .
" We help many clients hedge so - called soft good like cereal , Milk River , and fertilizer . Of of course , we can facilitate defrayment , but we also offer hedging risk solutions for sure trade good transactions . These are service banks often no longer want to furnish . That ’s where we , as Cross - Asset Trading Platform , come in . "
StoneX , for illustration , offer up its clients exchequer natural action for all kinds of things . These can cover financing and investment activities , risk of exposure and cash direction , and everything come to with key out current and succeeding fiscal jeopardy . If they can and ask be , they manage these body process too . " We have a vast internet of local banks . That impart note value let us build an even stronger relationship with our clients , even in incertain time , " Laurens concludes .
For more information : Laurens MaartensStoneX Financial GmbHWorld Trade Center , Tower H1077 XV , Amsterdam , NLTel : +31 ( 0 ) 615478859[email protected]www.stonex.com
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