How can the FX API help you?

Alpha's FX API allows you to simply and efficiently navigate the complexities of the foreign exchange market through a set of user-friendly API endpoints.

Book spot trades for immediate currency needs, hedge currency exposure with forward contracts, access credit reporting for risk management and obtain trade information for reporting and analysis. The FX API streamlines operations and enhances control, enabling informed decision making in currency management processes.

Spot Trades

Spot trades involve the immediate exchange of currencies at the current market rate. The Spot Trade API allows you to quickly execute FX transactions without manual interaction.

Held Rates

The Held Rate API enables you to lock in an exchange rate for up to 24 hours, providing a means of managing your intraday and holiday currency exposure. Our clients have the flexibility to offer upfront quoted FX rates (e.g. on a website) and proceed with the trade once their exposure is clarified (e.g. at close of business when all exposure has been calculated based on purchases).

Forward Contracts

The Forward API enables you to programatically execute forward contracts . For businesses involved in international transactions, this feature is crucial for managing currency exposure and ensuring price predictability. By securing a known exchange rate in advance, you can safeguard profit margins and budget effectively for future transactions.

Trade Reporting

The reporting API not only offers real-time access to detailed trade information, including settlement details and exchange rate data but also empowers you to seamlessly integrate this data into your own financial monitoring applications.

Credit Reporting

The credit endpoint offers access to essential credit data points, delivering detailed insights into facility utilisation and providing point-in-time mark-to-market reporting.