Foreign Exchange

Capabilities
Clients can trade or leave orders 24 hours a day at our trading desks in New York and London. Products include spot, forward, NDF (non-deliverable forward), EFPs (Exchange of Futures for Physicals), and FX derivatives markets.

Strengths
Monitoring and executing client orders, FX prime brokerage, dissemination of timely market news and research, client connectivity (see e-Commerce Innovations below), emerging markets FX, and options pricing (including structuring).

e-Commerce Innovations
BSFX on Bloomberg (the first electronic FX trading application on Bloomberg), Auto-FX Hedge (which provides equity traders with real-time access to the FX markets via their equity order management software), and Automatic Order Import (which allows high volume FX traders to place multiple orders electronically).

Easily Accessible Reporting
Daily and monthly trading activity and account equity reports are available online, as well as through Bear Prime and POLAR. Up-to-the-minute trading and position information is available via the Internet.

Clientele
The Foreign Exchange Department serves a select list of alternative investment managers, including hedge funds, commodity trading advisors, central banks and traditional investment managers, such as international fixed income and equity fund managers.