New Micro Hedging Functionality
We are pleased to introduce the Held Rate endpoints, a powerful new addition to our API suite that enhances your ability to manage intra-day currency exposure risk with precision and flexibility.
Designed to enable micro-hedging strategies, this feature allows you to lock in FX rates for up to 24 hours, providing peace of mind in highly volatile markets.
Here's what's new:
Availability: Alternative Banking Solutions entities
Request a Held Rate quote
You can now request held FX quotes valid for up to 24 hours using the POST Held Rate Quote
endpoint.
Multiple overlapping quotes are supported, giving you the ability to manage exposure across different time windows.
Retrieve all active quotes
Retrieve all active held quotes at any time using the GET Active Held Rate Quotes
This provides a comprehensive overview of currently available quotes for easier management and decision-making.
Book a trade against Held Rate
While a quote is valid, you can execute a trade against it usin the POST Book Held Rate Trade
endpoint. This ensures that FX rates remain predictable within the selected time frame.
This release empowers you to take full control of your intra-day currency exposure, ensuring predictable outcomes and enhancing operational agility.
For detailed API documentation and integration guides, please refer to our API Documentation.
If you have any questions or need further assistance, please get in touch with our support team at [email protected]
Happy coding!
The Alpha API Development Team