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Our Comprehensive Services Include:
Please Contact:
Snow An
Private Client Specialist
Globex Foreign Exchange Corporation
100, 10336 Jasper Avenue Edmonton, AB T5J 1Y7 Canada
P. 780.423.2217 P. 877.423.2217 F. 780.426.5920 F. 866.426.5920
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www.globexfx.com
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Globex is directly connected to live world money markets to give your company the competitive edge with every foreign currency exchange. At Globex, we manage global currencies in wholesale amounts delivering access to the best exchange rates.
Exclusive Market Information
Globex traders are currency traders exclusively. Your trader has total access to live market feeds and up to the minute market information to allow for fundamental analysis of Dollar volatility. Utilize their knowledge and understanding to take advantage of market moves and save money.
Market Order ("buy" or "sell")
Take advantage of overnight market volatility! Let market movement work in your favor. A Market order is an order you place to do business at a given rate of exchange. Similar to putting an order to buy or sell a stock at a predetermined rate, a market order allows you to name your price. You can place your order at a rate of your choosing for any extended period of time. You select your rate, place the order and forget about it. Your Globex trader will be in contact as soon as the market fills and will make arrangements to settle the transaction. If the market does not reach that chosen rate you are under no obligation and can cancel at any time.
For your convenience, we can accommodate same day delivery or if you prefer, settlement within 2 business days.
Foreign Currency Payables
Globex prides itself on our ease of service and swift completion of every transaction. Understanding today's hectic business schedule, simply fax us a list of your payables with the amount due to each and we will deliver the draft or wire transfers to your office or directly to your payables. Or merely list them to your trader over the phone and be done with it. Take advantage of wholesale currency rates on smaller payables.
Wherever you need to send any currency electronically, Globex can get it there for you quickly and securely. For further ease and efficiency, we keep your wire information on file, so you don't have to.Electronic wire transfers are totally traceable so in the unlikely event there is a problem, we have the ability to trace, replace and reissue.
We can deliver to you any foreign currency draft, routed through that country for easy clearing.
A forward contract is a service that allows you to secure today's rate for future use. This insulates you from the natural market volatility. It lets you know where you stand in terms of pricing and revenue expectations. Forwards also allow you to take advantage of an attractive exchange rate for future use. You take enough risk in your day to day business; a forward contract puts your mind at ease knowing that your exchange rate is fixed.
Globex can receive your foreign currency wire transfers for you at no charge.This will allow you to control when, and at what rate, you switch the currency to Canadian dollars.You will receive more Canadian dollars and not be obligated to the bank's 'counter exchange rate.
A Letter of Credit is a very valuable tool that is often required when dealing with international commerce. Globex Foreign Exchange can be your partner in Letter of Credit dealings by ensuring that your foreign currency needs are met with the best possible rates. For more information on Letters of Credit and how they can work for your business please click here.
At Globex, your personal trader will work with you to determine the best course of action in order to save you money and put your mind at ease. Allow their experience and understanding to work for you.
Globex Foreign Exchange Corporation delivers customized solutions for international payments developed on the foundations of outstanding and flexible technology to integrate seamlessly with your existing business practices. Globex administers the tools for safe and simple transfers of all international funds. We protect your money, with the highest standards of law, using multiple levels of security in compliance.Globex has tailored its services to fit the needs of a wide variety of businesses and has developed a thorough understanding of specialized sectors. As a trusted provider, to thousands of customers worldwide who have benefited directly, Globex Foreign Exchange will transfer your funds safely, securely and efficiently each and every time.
Globex Foreign Exchange Corporation offers customized solutions for international receipts tailored to service all industry sectors. Developed using cutting edge technology, Globex employs the tools to integrate, with your existing business practices, seamlessly. Clients, with international receipts, will avoid costly fees for incoming wire transfer; saving both time and money. We have consolidated operations, located in specialized support centers, to pass the savings on to our customers. In compliance, with the highest standards of international law, Globex offers a safe and simple alternative to facilitate the receipt of international funds to compliment your business.
24-Hour Market Orders
Clients can place orders to exchange currency at a pre-determined rate. If the market fills your order, day or night, your Globex trader will contact you to settle the transaction.
Forward Contracts
Globex clients can enjoy today’s exchange rate into the future via forward contracts. They can remove the risk associated with market volatility and better control pricing and revenue expectations.
Market Fluctuations at a Glance
Globex corporate traders are constantly monitoring the world’s economic and geopolitical landscape to gauge the direction of world currencies on a global stage. Globex is always at the forefront of all technological advances in the payment solutions industry, making sure our clients always have the competitive edge. Utilizing several live feed information sources, Globex is able to offer timely market information and the tools to act instantaneously 24 hours a day. Our global locations ensure that no matter where your business is located we can be there to help.
The information expressed in this graph is for information purposes only. It is not intended as a solicitation for funds or a recommendation to trade.Globex accepts no responsibility for any loss suffered or damages sustained through any act or omission taken as a result of any of the information herein.
.As shown in the graph above, whether you are buying or selling the US dollar there are fluctuations resulting in significant money savings in a short period of time. Globex professionals customize their services to specific client needs, so that client’s can maximize opportunities and manage their risk.The currency market is the most volatile market in the world. It is open 7 days a week, 365 days a year. Allow our corporate traders to work with you to help create a strategy that maximizes your business opportunity.Our Private Client division offers its services to people with a need to buy and send currency overseas. Whether it’s for property, emigration or any other currency requirement, our expert team is here to assist you. We provide a refreshing alternative to the traditional services of banks and we provide access to a service usually reserved for large companies.
Through our dedicated, friendly and experienced team we offer excellent exchange rates on both spot and forward contracts. We also offer a speedy and reliable transfer of funds for free, 24-hour market orders and professional service. All is provided with no commission charges or hidden fees.
Our services are geared towards maximizing market advantage, when transferring fund abroad, in order to save you money. We ensure that all transactions are hassle-free and processed quickly and efficiently. Our goal is to communicate to all clients, the many options available to them in order to maximize value and generate peace of mind within a volatile industry.We respect our clients’ need for privacy and security. Your personal information, that you provide, is used to process and respond to your questions or comments and is collected in compliance with the Freedom of Information and Protection of Privacy (FIOP) Act. Information, gathered on this site, will not be disclosed except to personnel authorized to answer your questions and/or comments.
Price
Through our long-standing relationships, with some of the world's largest banks, Globex has traded close to $4 billion annually and has seen its business grow yearly. By virtue of trading at such high volumes, keeping costs low and being dedicated solely to foreign exchange services, Globex is able to pass on significantly lower currency rates to our clients while focusing on the highest level of service.
Globex prides itself on delivering solutions, that offer our clients protection, from drastic changes in currency rates. We are able to book fixed rates for future use (Forward Contracts), so that if your planning an overseas purchase you will know exactly what your purchase will cost. But it’s not just our products that can protect you; our dedicated staff do too. Once you have made them aware of your needs, they will inform you when the markets move in your favor.
Peace of Mind
Our clients concerns are our concerns. With years of experience in this industry we understand that you need to be fully aware of the helpful tools at your disposal. This is why, at Globex, you will speak to an experienced market professional that will gladly take the time to explain our services to you. When you are comfortable booking a transaction we will provide you with all of the necessary information and we will confirm the deal immediately. What’s more, we have now taken stringent measures to ensure the security of our clients funds, by keeping them separate from company accounts.
Click here to contact a member of our Private Client team today!
Spot Contracts
This is buying currency immediately, or ‘on the spot’. If you need your currency as soon as possible a Spot Contract is the answer. You can agree to a price over the telephone, we then purchase the currency on your behalf and you settle with us immediately so we can wire your funds to your designated destination.
Forward Contracts
This is essentially a ‘buy now, pay later’ contract where a client can fix a rate based on today’s price for a future date. For example, if you are committed to making a payment overseas in a years time you may not want to watch the value of the payment changing each day as the currency rates fluctuate. If you want to know exactly what the payment is going to cost in a year, you could simply enter into a Forward Contract until the date the payment was due, and fix today’s price for a years time. You would need to put down a 10% deposit to secure the rate. In a year, when you want the funds delivered, you pay the remaining 90%. In the meantime you can rest assured that you know exactly what the payment will be and you are not at the mercy of the markets.
Market Orders
Globex can watch currency orders 24-hours via our global network of offices. As soon as your target is reached Globex can enter the market, purchase your currency and notify you as soon as your order has been activated.
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