We offer a direct access platform and outsourced FX execution services along with key unique enhancements
Best execution engine
You will have access to multi-bank FX rates for Spot, Forwards and Non-Deliverable Forwards (OTC FX Options coming soon) from a panel of the largest FX market-making banks. All sources of liquidity accessed by MillTechFX are fully transparent and clearly visible below the best bid/offer spread shown as the best market rate. The Best Execution Engine ensures you trade at the best available rate.
Outsourced Execution Services
Our currency investment management heritage uniquely positions us to advise on FX execution solutions and hedging strategies. We combine multi-bank execution, independent advisory and operational programme management for asset management clients with asset level and share class FX hedging needs. This can reduce both FX costs and operational burden. As a client, you can benefit from;
- Access to our tier-1 multi-bank panel
- Best-Execution and Best-Practice policies including transaction cost analysis
- Independent advisory
- Centralised reporting and operational management
- Access to dedicated expert FX professionals
We will provide you with access to dynamic hedging products driven by Artificial Intelligence that seeks to reduce risk and mitigate drawdowns. Access to hedging signals developed by Millennium Global automatically generates trades to hedge/unhedge your existing exposures. The Millennium Global Dynamic Hedging model has a positive track record with billions of USD under management.
transaction COST ANALYSIS
To evidence and control Best Execution, we will provide you with an independently calculated (3rd party data) Transaction Cost Analysis (TCA) report that measures the quality of execution and highlights costs incurred before and savings after you have used MillTechFX.
INVESTABLE CURRENCY INDICES
We will provide you with access to a full suite of currency hedging, overlay and alpha products accessed via investable indices. This will enable you to access Millennium Global’s institutional currency investment management offerings directly through the MillTechFX platform.
Customisable list of live-streaming FX rates and a menu to access all MillTechFX functions including FX trading, payments, transaction history, Transaction Cost Analysis Reports and a curated selection of in-house macroeconomic, news and currency research.
Our dedicated team of experts can help you determine hedging policies and corresponding optimal FX hedging strategies, including tenor management. In addition, we offer advice on FX yield enhancement strategies including Emerging Market FX.
INTEGRATION WITH TREASURY SYSTEMS
Our platform soon will be able to integrate with the majority of clients’ internal treasury systems via our Open API. Please contact us at email@example.com for further information.
TRAINING AND EDUCATION
We provide a wide range of staff training and educational material to help clients navigate the world of Foreign Exchange. In addition to in-person training, we offer videos and infographics explaining key aspects of currency execution and management.
Macroeconomic and currency research
We will provide you with access to a curated selection of Millennium Global’s in-house economic and currency research. Our research such as the Quarterly Macro and Currency Outlook is published by a dedicated team of experienced economists and strategists.