FX Overview

We offer a multitude of different options to execute foreign exchange (FX) transactions. These can be grouped into three high-level styles:

• Multicurrency payments: Where the foreign exchange transaction is a part of a payment between two different currencies
• Fully automated FX risk management: FX Trades executed via our BC Connect FX API
• Active risk and liquidity management: Manual trading scenarios on BC Connect (BCC)

Each scenario further supports a variety of workflows ranging from basic FX trading at live market rates to more advanced risk management and treasury related functions.

This page will give you an overview of these workflows and guide your developers on how to interact with our FX APIs.

BC Connect FX

BC Connect FX API enables your business to programmatically execute foreign exchange conversions between your currency accounts with us using a simple REST API that supports both two different workflow types: FX trading in market order fashion, and Request For Quote (RFQ).

These workflows are primarily intended for FX Risk management purposes. For scenarios relating to payments, please refer to the Multicurrency payments workflow that is better suited for pay-out purposes.