Universal Partners FX Flashcards

1
Q

Get on the phone as quick as possible

A

ok

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2
Q

Universal partners FX history?

A

Founded 2017 by Oliver Carlson and Dhavel Patel focused on corporate clients and high profile individuals

2019 became FCA regulated
150M turnover 200%

2020 provided NHS no commission to help get PPE

2022
1.3B turnover

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3
Q

SPOT payments?

A

Done immediately

Live market on all major currencies across 220 territories globally

Access multiple liquidity providers on each transaction which helps achieve best possible exchange rate

Wire fees covered

Swift payment used

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4
Q

Mass payments

A

Use streamline technology

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5
Q

Collection accounts

A

Can withdraw in any currency

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6
Q

They have online platform like Garton

A

Ok

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7
Q

How is risk managed?

A

Passive Hedging for an FX Broker:

What it is: Like a fixed insurance policy for an FX broker.
Explanation: The broker uses straightforward methods, such as options or forward contracts, to protect against currency fluctuations. Once in place, it doesn’t require frequent adjustments and provides a more stable environment.
Active Hedging for an FX Broker:

What it is: Like adjusting the insurance policy based on real-time market changes.
Explanation: The broker actively monitors the currency markets and adjusts its hedging strategies in response to changing exchange rates. This approach is more dynamic, allowing the broker to adapt to market conditions as they evolve.

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