Emerging Trends and Challenges

“International Payment Specialists”
Selected Company Profiles (cont.)
Products & Services Overview
Spot Orders
Chairman:
Headquarters:
Company Overview
• FIRMA Foreign Exchange provides international payments
and customized foreign exchange services to businesses of
all sizes through branch offices spread across North America,
the U.K., New Zealand and Australia; the company was
founded in 1998
• Committed to providing one-on-one personal service; each
year, trades billions of dollars worth of all major international
currencies
• The Company offers international wire transfers, foreign
currency drafts, forward and spot contracts, foreign currency
payables and exclusive market information to its clients
• Formerly known as Globex Foreign Exchange
Michael Oshry
Philadelphia, PA
Founded: 1992
$
Immediate currency or payment purchases – speak
with traders over the phone to get exchange rate and
complete purchase and wire / delivery of funds
International Payments
Can deliver wire transfer to customer’s office or
directly to payees
International Receipts
Convert international receipts to any currency for no
fee - technology that integrates with existing business
practices giving customers control at what rate to
exchange
Forward Contracts
Fix exchange rates with a forward contract to remove
risk of market volatility for international projects that
have future payment dates
Market Orders
Buy and sell stock at a predetermined rate – Can
cancel at anytime if the market does not reach
desired rate
Settlement & Delivery Methods
Source: Company website, FT Partners proprietary database, Capital IQ, Crunchbase.
Settlement & Delivery methods include:
• Wires
• ACH
• EFT
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