Transaction Process Outsourcing

Are you an exporter / Importer?
Do you find forex markets complex & non-transparent?
Are you aware of hidden transaction costs?
Are you able to track markets amid volatility?
You probably want to

 

Reduce Transaction Costs
Concentrate on your business
Need Professional Guidance
Funds/Data Security
Few Reason To Choose Myforexeye
INSTANT

1. One time documentation

2. Deal cover in less than 5 min

3. Recorded conversation

4. Set rate alerts

TRANSPARENT

1. Exact time of deal execution

2. Access to minute charts

3. Access to recorded conversation

FUND/DATA SECURITY

1. Funds remain with your bank

2. We don't need buyers/seller information

Just five inputs

a) Currency

b) Amount

c) Inward/Outward

d) Cash/Tom/Spot/Forward

e) Bank Name

COST EFFECTIVE

1.Dealing room active from 9am to 5pm

2.No hassle of hiring,rehiring of treasury resource

3.Transact while on the move

BUSINESS COSTS

1.Pay per deal

2.No lock-in period

Market Risk Advisory

Welocme to Myforexeye

Financial Risk Management Specialists

Myforexeye Risk Management is an independent market risk advisory firm specialising in the management of currency,interest rate and commodity risk

Our systematic financial risk management methodology has been designed is increase risk transparency,create customised risk management solution,and facilitate the efficient execution of hedging transactions by minimizing information asymmetry between clients & banking counter parties.

Retail Forex

Are you Travelling abroad?
Planning to Study Abroad?
Going for Business Trip?
Do wide Buy / Sell forex rates worry you?
If yes, chose Myforexeye for foreign exchange needs
 
Travel Card
Currency Note
Wire Transfer
Forex Demand Draft
Multi-currency travel card/pin protection

1. Safe way to carry foreign exchange

2. Pin protected

3. Used as ATM cum debit card

4. Reload any time 24*7

Foreign Currency Note

1. Out of pocket expenses

2. Risky to store and carry

3. Expensive to buy

Wire Transfer

1. Funds Transfer electronically

2. Fast , Safe and Secure

3. Low forex spreads

Forex Demand Draft

1. Popular instrument to send money overseas

2. Very secure

3. Issued only in favour of beneficiary

Structured Trade Finance

The ever increasing cross border transaction in India has brought awareness about the different Trade Finance products available for domestic as well as international trade. At www.myforexeye.com, we can help your business grow by providing you with various financial structures to enable you to reduce cost of finance. Our Trade Finance team has contact with over 150 banks and its branches globally to fulfil your business needs.

We have a dedicated team of Trade – Dealers and Trade – Sales experts to offer solutions around these products:

  • Discounting of Letter of Credit at LIBOR denominated rates
  • Exports L/C discounting and confirmations
  • Trade Credit to companies on undertaking from domestic banks
  • Structured Trade Finance
  • Account Receivable Purchase
  • Guarantees (SBLC, Bonds)
  • Supply chain financing, using L/C confirmation, bills discounting, refinance, account receivables, purchase, payment guarantee, ware-house finance.

Currency Future Broking

Myforexeye will offer broking services to its clients on all asset classes – Stocks, Commodities and Foreign Exchange through Exchanges. The broking team will assist clients to invest, trade and hedge their positions in the market under the supervision of experienced dealers and market specialists.

Currency/Commodity/Equity Futures Broking:

We facilitate forex hedging for individual and corporate using futures and options in NSE. We also assist corporate to efficiently use both OTC and Futures to mitigate market risk. We also facilitate trades in equity and commodity. Future contracts are standardized instruments traded on exchanges that enable users to hedge price risk and/or take positions on how the underlying will move. USD/INR Futures are traded on NSE and MCX-SX and offer an excellent opportunity to resident individuals and corporate to hedge USD exposures or trade in the currency. 

Futures market provides for hassle-free operations with minimum transaction cost. Contact us for more information on futures market operations.

 

OTC MARKET

CURRENCY FUTURES

CONTRACTS

Customized

Standard

UNDERLYING EXPOSURE

Required

Not Required

PRICE TRANSPARENCY

Low – bank margins are often difficult to estimate

High, facilitated by price discovery on electronic screen

ACCESS

Subject to Credit Limits and security

Subject to cash Margin based on daily MTM value

DAILY MTM

Available only on request

Available on real-time basis

CURRENCY TRADING

Not permitted to non-bank entities

No restrictions

SETTLEMENT

Physical Delivery or Cancellation

Net settled in INR

Corporate Training

Training and Skills development:

Myforexeye imparts trainings to Corporates covering the entire gambit of Forex Risk Management, ranging from introduction of basic forex to price different complex derivative structures to handhold client on devising hedging strategies. We also cover high level training on technical charting and covering regulatory guidelines and its implication on the businesses. With an ever dynamic market, one needs to stay updated and should be hands on all the tools of foreign exchange.

Corporate Trainings are broadly classified into the following categories:

 

  1. Basic Forex – Introduction to Forex Markets

(Global and Indian Forex Markets, Forex Mathematics, Hedging Products, Forwards, Interest Rate Parity Principle, etc.)

 

  1. Advanced Forex – Understanding Currency Options

(Options – definitions and terminologies, Option Pricing – Black-Scholes Model, Volatility and Strike Price dynamics, Option Strategies, Zero-Cost Options, etc.)

 

  1. Technical Analysis – Tools of Charting

(Dow Theory, Trend Analysis and Price Patterns, Japanese Candlestick Charting, Indicator Analysis, Elliott Waves, etc.)

.

Treasury Manpower Placement

Treasury is a specialised industry and requires skilled professional to manage the treasury operations. It's a highly skilled job which directly affects the bottom-line of any company, hence a need for every management to hire the best resources from the market   .The management team has spent more than a decade in the Indian financial markets across region and have access to the corporate, consultants and banks which facilitate them to provide the best available resource as per their need and cost. Corporate may devote their time and energy into their core business and leave the hiring for us to manage.

Treasury Manpower Placement

Training and Skills development:

Myforexeye imparts trainings to Corporates covering the entire gambit of Forex Risk Management, ranging from introduction of basic forex to price different complex derivative structures to handhold client on devising hedging strategies. We also cover high level training on technical charting and covering regulatory guidelines and its implication on the businesses. With an ever dynamic market, one needs to stay updated and should be hands on all the tools of foreign exchange.

Corporate Trainings are broadly classified into the following categories:

 

  1. Basic Forex – Introduction to Forex Markets

(Global and Indian Forex Markets, Forex Mathematics, Hedging Products, Forwards, Interest Rate Parity Principle, etc.)

 

  1. Advanced Forex – Understanding Currency Options

(Options – definitions and terminologies, Option Pricing – Black-Scholes Model, Volatility and Strike Price dynamics, Option Strategies, Zero-Cost Options, etc.)

 

  1. Technical Analysis – Tools of Charting

(Dow Theory, Trend Analysis and Price Patterns, Japanese Candlestick Charting, Indicator Analysis, Elliott Waves, etc.)

.