MMXXVIYour FX Costs More Than You Think.
Banks price their margin into the exchange rate, so it never appears on a statement. We show Canadian companies what their currency has been costing, and what it should.
FOR IMPORTERS, EXPORTERS AND CANADIAN COMPANIES WITH USD, EUR OR GBP EXPOSURE
Where the cost hides.
In the rate
A bank quotes one number. Its margin, often one to two percent, is inside it and never appears as a line item.
In the fees
Wire charges, intermediary deductions and the receiving bank's own conversion, each taken separately and each small enough to go unquestioned.
In the exposure
A payable booked at 1.35 and settled at 1.39 costs three percent before a rate is ever quoted. Unhedged exposure is the largest cost and the least visible.
Illustrative. Bank margins vary with client and volume; a cost review uses your own statements.
Turn Foreign Exchange Into an Advantage.
Foreign Exchange
Spot in more than 130 currencies at institutional pricing, settled same day. One dealer, one quote.
FX Hedging Solutions
Forwards and layered programs fitted to your cash-flow calendar, so next quarter's margin is known this quarter.
Risk Management
Exposure mapped by currency and date, a written policy your board can approve, and a quarterly review.
Liquidity Solutions
Multi-currency accounts and payments that keep capital working while it waits to be converted.
From first statement to standing mandate.
Twelve months of statements.
We read what you paid, in rate and in fees, and put a number on it.
Your exposure, by date.
Payables, receivables and balances laid out by currency and month, so the risk is visible before it is hedged.
Written, and board-ready.
Hedge ratios, tenors and triggers on a single page your board can approve and your auditor can follow.
One dealer, one line.
Spot and forwards placed by a dealer who knows your book. Reviewed together each quarter.
An independent desk, on your side of the table.
To give Canadian companies the pricing, counsel and hedging discipline in foreign exchange that the largest corporates take for granted.
Titan Exchange Group was founded in Toronto by two dealers with over forty years between them on bank corporate desks. They watched mid-sized companies move institutional sums at retail pricing, with no one on the other end of the line who knew their business. The firm exists to be that person.
About the firmInterbank liquidity in more than 130 currencies, from a desk in Toronto.
Hedging designed around your cash flow and your board's appetite for risk.
Certainty in landed costs and foreign revenue, so next year's margin can be planned.
Known by name.
Steven
Senior Dealer · Co-FounderPrices spot and forwards for Canadian importers and exporters, and writes the Desk Notes.
Dave
Senior Dealer · Co-FounderHedges trade flows for manufacturers and distributors, and leads hedging policy.
Over forty years combined. One desk, known by name.
They watch our exposure as if it were their own book. Our bank never once called first.
CFO · Ontario auto-parts manufacturer
Written by the dealers, as the market gives them reason. All the notes
Keep More of Every Dollar You Move.
Bring us twelve months of statements. There is no charge for the review.
Get a Complimentary AnalysisCONSULTATIONS BY APPOINTMENT