FX Guidance
Protect your business from currency risk with the right hedging strategy. Taper introduces three types of forwards, each tailored to your specific situation.
Three types of FX contracts
Depending on your currency needs and planning horizon, Taper offers the right solution to manage exchange rate risk.
Which FX contract is right for you?
You know exactly when you need the currency - e.g. an invoice due on a fixed date.
You know the period but not the exact date - you want flexibility to draw down when needed.
You want certainty but also want to benefit if rates move in your favour - you accept a slightly lower starting rate.
Fixed Forward Contracts
Choose a Fixed Forward Contract when the future date on which you want to convert is exactly fixed.
- Buy currency with a future delivery date
- Guaranteed exchange rate
- Fixed delivery date
Window Forward Contracts
You choose a Window Forward Contract when you cannot specify an exact date for conversion. You choose to specify this later.
- Buy currency for a future period
- Guaranteed exchange rate
- For a flexible delivery date
- Can be used in multiple drawdowns
Dynamic Forward Contracts
Your initial rate is lower than a normal flexible forward contract, but you retain the ability to partially benefit from market increases.
- Buy currency with a future delivery date
- Guaranteed exchange rate
- Flexible delivery dates
- Benefit from market upside (!)
Why choose Taper for your FX hedging?
No minimum contract size
Whether you're hedging €50,000 or €5M - we tailor the solution to your situation, not the other way around.
Direct access to your specialist
No call centre. You call your Taper specialist directly on their mobile - they know your file.
Transparent pricing
No hidden margins. You see exactly what you pay - and what you save compared to your current provider.
Comparison
Which contract suits your situation?
| Fixed | Window | Dynamic | |
|---|---|---|---|
| Guaranteed rate | ✓ | ✓ | ✓ |
| Fixed delivery date | ✓ | – | – |
| Flexible delivery dates | – | ✓ | ✓ |
| Multiple drawdowns | – | ✓ | ✓ |
| Benefit from market upside | – | – | ✓ |
Need help with your FX strategy?
Our specialists help you find the right hedging solution for your currency risk.