Tag: Rate Feed

Rate Feed

INTL FCStone Subsidiary Offers Real-Time Indicative FX Rates

INTL FCStone’s Global Payments Division, a London-based subsidiary will now offer indicative foreign exchange rates, viewable in real-time for more than 140 currencies through its proprietary global payments network.

These indicative rates will be offered via the Global Payments Division’s Rate Feed product. The Rate Feed is designed to enable customers to instantaneously establish an accurate indication of the cost of a cross-border transaction, valuing the transaction or foreign currency holding in various currencies in real-time.

Although it remains a separate product, the Rate Feed is integrated into FXecute – INTL FCStone’s global payments platform – meaning that anyone using the latter can use information from the Rate Feed to inform transactions being executed on the platform.