Ruth limited her risk with a Stop Order
Ruth imports clothing from America. The cost is around $15,000.00 and the current exchange rate is 1.7215, equating to £8713.33. Ruth has read that the rate could get better, saving money as a result. After speaking to Omnis FX she placed a Stop Order in the market at 1.7000, meaning that if the market does improve then she will benefit from the improved rate but if the rate deteriorates then her worst possible rate is 1.7000 and that her cost would be a maximum of £8823.52
Self Employed Mr Flint needed money in a small time frame
Michael Flint is self employed and often travels abroad to meet clients. Mr Flint organized a last minute trip to Italy to deal with a potential customer, after having a brief discussion with his Omnis FX account manager Mr. Flint decided that the Pounds to Euro Exchange rate was currently favorable and so made a Spot Deal to buy his currency. Mr Flint received his currency in a nominated account as soon as Omnis FX received the funds.

