⇽ Currencies list

Hedging Foreign Exchange Risk in SSP - South Sudanese Pound

Drapeau Hedging Foreign Exchange Risk in SSP - South Sudanese Pound

Foreign Exchange Risk Hedging on the South Sudanese Pound (SSP) with Mondial Change

Mondial Change allows you to hedge your foreign exchange risk on the South Sudanese Pound (SSP). The foreign exchange risk hedging on the South Sudanese Pound can currently only be done through NDF (non-deliverable forwards) contracts. The NDF is a hedging instrument used to cover your foreign exchange 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 foreign exchange risk without any cash flow being exchanged in the non-convertible currency. You can schedule a meeting with our trading room. An expert market advisor will assist you in setting up your foreign exchange hedges on the South Sudanese Pound (SSP).

To obtain accurate quotes on your hedges in South Sudanese Pound (SSP), we invite you to contact our trading room.

Mondial Change answers all your questions on foreign exchange risk hedging for your operations in South Sudanese Pound (SSP)

Are there minimum or maximum amounts to set up hedges in South Sudanese Pound (SSP)?

The maximum amount of hedges in South Sudanese Pound (SSP) 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 South Sudanese Pound (SSP)?

Generally, we do not offer hedges in South Sudanese Pound (SSP) for maturities exceeding 24 months, but this can be considered on a case-by-case basis. Please contact our trading room for a personalized assessment of your needs.

What are the setup fees for foreign exchange risk hedging in South Sudanese Pound (SSP)?

All fees related to the setup of hedges in South Sudanese Pound (SSP) are included in the exchange rate communicated to you before the validation of your transaction. The hedging is done by phone with a trading room operator. No fees are applied to the use of your hedges.

Is a security deposit required to take a hedge in South Sudanese Pound (SSP)?

Again, this depends on the conditions of your forward exchange line. Thanks to its network of partners, Mondial Change 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 South Sudanese Pound (SSP) if the EUR/SSP 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 South Sudanese Pound (SSP) open. Based on the review of your financial statements, lines without margin calls can sometimes be granted.

Are there carry points or discount points on forward contracts in South Sudanese Pound (SSP)?

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

YOUR HEDGING NEED IN SSP
Ellipse
Ellipse