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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
Markets to shrug off Canadian elections with a quick outcome unlikely
The Canadian dollar’s weakening against USD this morning wasn’t particularly different from other G10 currencies against the dollar, indicating that the occurrence of the Canadian elections so far has had no big market impact. Canadians are heading to the polls on Monday, where Prime Minister Justin Trudeau will hope to increase his popularity on 2019.
Loonie looks to reverse yesterday’s losses, but recent ranges set to hold ahead of election
This morning, with a backdrop of broad US dollar weakness, the loonie is positioned to reverse yesterday’s 0.42% decline as it trades 0.23% higher this morning despite oil markets trading on the back foot. There is little on the data calendar for today, meaning traders are likely to look towards Monday’s election and the last push from party leaders.
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**Please contact: analysis@monexcanada.com for further information regarding our rankings.