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Hedge Currency Risk in SHP - Saint Helena Pound

Drapeau Hedge Currency Risk in SHP - Saint Helena Pound

Currency Risk Coverage on the Saint Helena Pound (SHP) with Global Exchange

Global Exchange allows you to hedge your currency risk on the Saint Helena Pound (SHP). Currency risk coverage on the Saint Helena Pound can currently only be achieved through NDF (non-deliverable forwards) contracts. The NDF is a hedging instrument used to cover your currency risk on partially or non-convertible currencies. At the contract's expiration date, the rate at which the contract was concluded is compared with the fixing rate. The latter is official and published daily by the Central Bank of the concerned country. The NDF price represents the probability of a revaluation (or devaluation) of the currency. Therefore, the NDF price will not be linked to the interest rate differential between the two currencies involved. The NDF thus allows you to hedge your currency risk without any cash flow being transferred in the non-convertible currency. You can schedule a meeting with our trading desk. A market expert advisor will assist you in setting up your currency hedges on the Saint Helena Pound (SHP).

To obtain accurate quotes on your hedges in Saint Helena Pound (SHP), we invite you to contact our trading desk.

Global Exchange Answers All Your Questions on Currency Risk Coverage for Your Operations in Saint Helena Pound (SHP)

Are there minimum or maximum amounts to set up hedges in Saint Helena Pound (SHP)?

The maximum amount of hedges in Saint Helena Pound (SHP) that you can validate primarily depends on the size of the forward exchange line granted to you. The line conditions 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).

What is the maximum possible maturity for hedges in Saint Helena Pound (SHP)?

Generally, we do not offer hedges in Saint Helena Pound (SHP) for maturities exceeding 24 months, but this can be reviewed on a case-by-case basis. Please contact our trading desk for a personalized study of your needs.

What are the setup fees for currency risk hedges in Saint Helena Pound (SHP)?

All fees related to the setup of hedges in Saint Helena Pound (SHP) are included in the exchange rate communicated to you before the validation of your operation. The hedging is done by phone with a trading desk operator. No fees are applied to the use of your hedges.

Is a margin deposit required to take a hedge in Saint Helena Pound (SHP)?

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 margin deposit. Depending on your line conditions, margin calls may be triggered on your hedging contracts in Saint Helena Pound (SHP) if the EUR/SHP 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 Saint Helena Pound (SHP) open. Based on the review of your financial statements, lines without margin calls can sometimes be granted.

Are there forward points or backward points on forward contracts in Saint Helena Pound (SHP)?

It all depends on whether you are a buyer or a seller of Saint Helena Pound (SHP) and against which currency you are trading the Saint Helena Pound. If we take an example against the euro: If you are a buyer of Saint Helena Pound (SHP) against the EUR, then there are déport points because the interest rate of the Saint Helena Pound (SHP) is inférieur to that of the EUR. Conversely, if you are a seller of Saint Helena Pound (SHP) against the EUR, then there are report points.

YOUR HEDGING NEED IN SHP
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