SABI · FX Market
FX Market
Multi-product deals, online position management across five horizons, bands by product and currency, counterparty limits and netting at settlement.
Exchange rates
Mexican pesos per unit
| Currency | Code | MXN |
|---|---|---|
| US dollar | USD | 17.1380 |
| Euro | EUR | 19.7707 |
| Canadian dollar | CAD | 12.2941 |
| Pound sterling | GBP | 23.0627 |
| Japanese yen | JPY | 0.1105 |
| Swiss franc | CHF | 20.9249 |
| Chinese yuan | CNY | 2.5552 |
Reference rates, published with a delay. They are not a bid or ask price and do not constitute an offer.
01
Front office
- Trade entry
- Specification: transfer, DOC-MX, DOC-US, cash
- Multi-product deal
- Buy-backs and swaps
- Bands by product, range and currency
- Online position management: same day, 24, 48, 72 and 96 hours
- Counterparty limits
- Individual commission parameters per product
- Percentage band control between promoter and client
- Desk band control for trading and counterparties
- Virtual deal to close trades with brokers
02
Back office
- Online cash and chequebook control
- Individual and bulk confirmations
- Online control of the agreement, specification and settlement stages
- Flexible settlement after specification
- Partial or full netting of trades
- Trade cancellation and modification control
- Online control of items under reconciliation
- Online accounting in pesos and foreign currency, valued in local currency
- Daily and monthly trial balances, and accounting entries
- Counterparty risk and capital requirements
- Operating closings and schedules
- Invoicing
03
Compliance
- Screening against the OFAC list
- Anti-money-laundering controls enforced online
- Tax-haven validation
- Automatic regulatory reporting: FX transactions, OFF and relevant transactions
In NextSabi this market is the pack sabi-cambios →