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Financial solutions for you and your business
Monex Canada is a specialist in commercial foreign exchange.
We offer bespoke FX execution products, designed to help corporate clients mitigate exposure to FX volatility risk and help businesses manage cross-border payments with greater efficiency.
Our clients
Our FX offering appeals to businesses in a wide range of industry sectors. Benefiting from our industry-specific knowledge, sharper pricing and market insight, clients can execute FX transactions using our dedicated dealing service or via our innovative online platform, Monex Pay. We access multiple pools of liquidity to secure sharper pricing, enabling our clients to benefit from seamless execution and fast, secure settlement.
- Multinational companies
- Investment funds
- Financial institutions
- TSX-listed companies
- Private high net-worth individuals
- Asset managers
- Venture capital
- Importers and exporters
- Family offices
- Private equity firms
- Small and Mid-sized Enterprises (SMEs)
- Special Purpose Vehicles (SPVs)
Managing FX exposure
Our corporate risk management and foreign currency trading services enable clients to make spot trades or enter into a forward contract in order to mitigate FX risk. With a considered FX strategy we can help you make significant cost and operational efficiencies.
Global payment solutions
Our innovative online platform, Monex Pay, is designed to enable fast, safe and secure same-day and spot FX transactions in over 60 different currencies across the world using live exchange rates. Within Monex Pay, clients can instruct FX trades and manage all FX-related third party payments.
Technology solutions
Our financial technology solutions ensure our clients’ needs are met in a constantly evolving marketplace. We provide our clients with the ability to outsource global payment processes by integrating our API.
Key group financial figures*
$247bn
in group FX turnover
$7.6bn
in total assets
6.6 million
annual FX transactions
2,730+
employees across the group
*2020 financial figures represent all entities of Monex S.A.B. de CV (“Monex”). All figures are quoted in USD. Monex Canada is part of the global Monex group.
Insights
into the FX market
We provide our clients with proactive, timely analysis and insight into the currency markets, including daily FX updates, regular macroeconomic reports and in-depth actionable insights for G10 and Emerging Markets.
Leading
global forecaster
Our renowned team of analysts are recognised as one of the most accurate global currency forecasters**. We are consistently ranked in the top 10 of forecasting tables by Bloomberg and Thomson Reuters FX polls for G10 or Emerging Market currencies.
Monex
in the media
Our industry-leading FX analysts are quoted are quoted regularly in national and international press, including print, online and broadcast media such as Reuters, BNN Bloomberg, The Globe and Mail, National Post, and many more.
Insights
Loonie climbs nearly 1% against the dollar yesterday as risk appetite rebounds
Data out yesterday saw Canadian retail sales climb a preliminary 2.1% in August, offsetting the 0.6% MoM fall in July. The data is a reassuring sign that consumers continue to spend during the recovery, as retail sales remain well ahead of pre-pandemic levels. Today, the data calendar is empty for the loonie, meaning CAD traders will likely focus on broader market developments.
Loonie retraces losses as traders unwind USD action after Fed
This morning, the loonie, along with other high beta and commodity-linked currencies, is continuing to rally towards yesterday’s highs as European traders unwind much of the USD price action that occurred following the FOMC meeting.
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**Please contact: analysis@monexcanada.com for further information regarding our rankings.