Your Global
Foreign Exchange
Specialist

Our Clients

Our FX offering appeals to businesses in a wide range of industry sectors. Our diverse client base consists of TSX-listed companies, large corporations, SMEs and financial institutions. 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.

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 Financial Figures

Monex Canada is part of the global Monex group, one of the world’s largest commercial foreign exchange providers.

$247bn

in in group FX turnover

$7.6bn

in total assets

6.6m

annual FX transactions

2,730+

employees across the group

*Financial figures represent all entities of Monex S.A.B., are stated in US dollars and are as of December 31, 2020.

Insights 
into the FX market

We provide our clients with proactive, timely analysis and insight into the currency markets, alongside bespoke analysis for our clients based on their individual currency requirements.

Leading 
Global Forecaster

Our renowned team of analysts are recognised as one of the most accurate global currency forecasters. We are consistently ranked at the top of forecasting tables by Bloomberg, FX Week and Thomson Reuters FX polls for both G10 and Emerging Market currencies.

Monex 
in the Media

Our industry-leading FX analysts are quoted on a daily basis in international press and on major news and business channels including CBC News, Bloomberg, CNN, The Globe and Mail, BNN and many more.

insights

Loonie hits fresh 6-year high but fails to hang on, all eyes on Macklem today

Despite the loonie sustaining losses as the dollar broadly bounced back after the volatile hour post-CPI release, it broke through a key psychological level to post a fresh 6-year high in the session. Today at 11:00 EDT, Bank of Canada Governor Tiff Macklem is due to speak with the topic of the speech not yet published. However, there is a Q&A after the speech.

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Loonie looks to US crude inventory release in light data day

With little data in the pipeline for the loonie, CAD price action has been relatively sanguine this week as it sits near 2017 highs awaiting a catalyst to take another leg higher. Today, the release of US crude inventories may be such a trigger, although it is likely that tomorrow’s speech by Bank of Canada Governor Tiff Macklem is more likely to be the catalyst.

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