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.
Key Financial Figures
Monex Canada is part of the global Monex group, one of the world’s largest commercial foreign exchange providers.
in total assets
annual FX transactions
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, 2019.
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.
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.
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.
The loonie was the only currency in the G10 to not make inroads against the dollar yesterday as the greenback sold off extensively against major peers. The driver behind the downturn in the dollar came from fiscal stimulus talks failing to break a deadlock to provide an initial Covid-19 aid deal.
In Ottawa, the government extended its ban on non-essential travel to the US until November 21st, while Prime Minister Trudeau warned opposition lawmakers that they would trigger an election in Canada if they approve the creation of an “anti-corruption” committee.
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