Settlements
As a true institutional forex FCM, PFGBEST provides cash delivery of currencies to our institutional or large private clients. This service combines our inter-bank trading rates through either our institutional trading desk in New York City, or our inter-bank platform developed by Currenex, with our excellent back office support team.
Clients either place trades over Currenex in their delivery account or call the New York Desk for those more difficult trades that need a trader to work the order over the phone with multiple counter party banks. In addition to the major market deliverables, PFGBEST also works with our clients to deliver the more exotic currencies.
PFGBEST provides our clients with currency delivery linked to forward contracts placed with us, or option contracts used to hedge currency risk.