Informatiion on...  Exchange rates TRADirect  Forward - FX Swap |
BRD -Groupe Societe Generale is market-maker on local interbank market and is one of the most important participants in terms of traded volumes.
- Spot - foreign exchange transactions with delivery on sight, at best quotes, for foreign currencies against RON and crosses between foreign currencies.
- The possibility to place foreign exchange orders.
- Forward - foreign exchange transactions with delivery date more than two business days for foreign currencies against RON and crosses between foreign currencies. The trades can be with full nominal delivery or net settlement (NDF).
- FX Swap - two foreign exchange transactions traded simultaneously, with opposite signs, and delivery at different value dates, used especially for liquidity management reasons.
- Margin trading - foreign exchange transactions having as guarantee a collateral deposit made by the client with BRD - Groupe Societe Generale. Minimum collateral: 100.000 EUR. Leverage factor: 10 times nominal of collateral deposit.
The standard exchange rates are posted at the branch offices and are updated according to foreign exchange market movements during the day.
BRD - Groupe Societe Generale offers negociated exchange rates for amounts larger than 20,000 EUR or equivalent, for account based transactions.
TRADirect: the Internet platform for foreign exchange trading, offering tailored quotes, updated in real-time, and complete freedom of choice for the trade moment.
For more details please contact your relationship manager or Financial Markets Division.
Tel : (021) 301 68 62 - 68
