Hedge Currency Risk in ALL - Albanian Lek

The maximum amount of hedges in Albanian Lek (ALL) you can validate primarily depends on the size of the forward exchange line granted to you. The terms of the line granted depend on the review of your financial statements. Regarding minimum sizes, we generally do not take hedges for amounts below 10,000 EUR (or equivalent in other currencies).

All fees related to setting up hedges in Albanian Lek (ALL) are included in the exchange rate communicated to you before validating your transaction. Hedging is done by phone with a trading desk operator. No fees are applied to the use of your hedges.

Again, this depends on the conditions of your forward exchange line. Thanks to its network of partners, Global Exchange generally manages to obtain forward exchange lines without an initial security deposit. Depending on your line conditions, margin calls may be triggered on your hedging contracts in Albanian Lek (ALL) if the EUR/ALL rate (or any other pair on which you have validated a hedge) deteriorates beyond the variation margin or beyond your OTM. In this case, you must deposit funds as collateral to keep your contracts in Albanian Lek (ALL) open. Based on the review of your financial statements, lines without margin calls may sometimes be granted.

No minimum amount for drawdowns on your flexible forward contracts in Albanian Lek (ALL). You can draw down independently on the online platform, as many times as you wish between the contract initiation and the maturity date of your forward contract in Albanian Lek (ALL).

In this case, there are two possibilities. You can sell the balance of your contract by paying the potential exchange loss if the exchange rate at the time of resale is less favorable than your contract rate. Alternatively, you can request Global Exchange to extend your contract in Albanian Lek (ALL) by a few months to give you time to use it. However, Global Exchange and its partners reserve the right not to accept postponing the contract's maturity date.

It depends on whether you are a buyer or seller of Albanian Lek (ALL) and against which currency you are trading the Albanian Lek. For example, against the euro: If you are a buyer of Albanian Lek (ALL) against the EUR, there are report points because the interest rate of the Albanian Lek (ALL) is supérieur to that of the EUR. Conversely, if you are a seller of Albanian Lek (ALL) against the EUR, there are déport points.