Reserve funds, wire transfers, local cheques and bank drafts are some of the convenient options available. Over 35 locations island-wide and the largest network in the Caribbean for business and personal foreign currency transactions. We get to know you and build a personal relationship, so you get the right services that meet your needs.

Access competitive foreign exchange rates for all your cash and cheque currency conversion transactions. We maintain the highest level of privacy with your transactions and keep your details confidential. See more. Convert rates before you buy or sell with the currency converter on our website! Skip to content. More than just great rates. Traders use data to analyze currencies and countries and apply economic forecasts to predict movements in a currency's value. Foreign exchange trading is characterized by high leverage.

This is risky but it gives traders the opportunity to achieve dramatic gains and losses with far less capital than is required for other markets. The FX market is decentralized and distributed, with no real central location. Instead electronic trading is situated within the following locales:. While a hour market offers a considerable advantage for many institutional and individual traders, it also has its drawbacks because it guarantees liquidity and the opportunity to trade at any conceivable time. Although currencies can be traded anytime, a trader can only monitor a position for so long.

This means that there will be times of missed opportunities, or worse — when a jump in volatility will lead to a movement against an established position when the trader isn't around. A trader needs to be aware of times of market volatility and decide when is best to minimize this risk based on their trading style.

Traditionally, the market is separated into three peak activity sessions: the Asian, European and North American sessions. These three periods are also referred to as the Tokyo , London and New York sessions. Sometimes a fourth, Australian Sydney session is used that fills in the gap between New York and Tokyo hours. These national or city names are used interchangeably, as the cities represent the major financial centers for each of the regions. The markets are most active when these three powerhouses are conducting business, as most banks and corporations make their day-to-day transactions in these regions and there is a greater concentration of speculators online.

These brokers offer speculative trading to the individual retail trader. This area of the forex market is very small compared to the total volume of currency exchanged worldwide. Forex brokers provide currency traders access to a trading platform that allows them to buy and sell foreign currencies. Through these brokers, currency traders can access the hour currency market.

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By purchasing and selling currencies, central banks try to control their money supply, interest rates, and inflation. Whether official or not, nations often have target exchange rates for their currencies, and a nation's central bank can often use their reserves of national and foreign currency to try and stabilize the market for their currency.

Whenever a company has to purchase from or sell to a company in a foreign nation, a foreign exchange transaction is likely to occur. For example, a U. In both of these cases, a foreign exchange transaction needs to occur. Companies that deal with foreign customers or suppliers often take this one step further and purchase or sell currencies as a hedge against future exchange rate movement.

Saskia graduated from the University of Cape Town with a B. Masters in finance and a sub-major in economics. With passion, determination and an extensive knowledge of the foreign exchange market, she emigrated to London to head up Sable International's forex business development team in London. Saskia now runs the UK Sable Forex team, whose core focus is business development, customer relations and client retention.

Shawn hails from windy Fish Hoek, Cape Town. He is currently employed as a Foreign Exchange Broker and deals mainly with private clients, corporates, estates and transfers into South Africa. Gemma was raised and schooled in Cape Town, South Africa. After school, she spent two years living and working in the UK. After returning to South Africa, she studied business management and computing before quickly being snapped up by Sable International.

Several years and three promotions later, Gemma holds the position of co-manager of the Cape Town forex department, where she is responsible for client relations, marketing and new business development. She brings an outstanding enthusiasm, dedication and knowledge of the company to the role.

She specifically deals with the private individual clients and particularly enjoys the more challenging situations where the client is struggling to find a realistic solution to their offshore transfer requirements. Brenda also deals with inheritance payments, financial emigration and SARS tax clearances. When not cycling, he takes educational outdoor trips with his two children and three foster children. Juanita was born and raised in Cape Town. She attended Milpark Business School where she obtained her certificate in banking. Anita has a BComm degree and over 20 years work experience, 14 years of which she spent in the finance industry and eight years in foreign exchange, exchange control and cross-border payments.

She has worked and travelled throughout Europe. She will attempt her first Comrades Marathon in Lynn was born and bred in George along the beautiful Garden Route. She has travelled extensively and has lived in Israel, the United Kingdom and Turkey. Lynn loves travelling, hiking, going to the gym and spending time with her family, especially her grown-up son. She is currently employed as a Forex Broker, where she deals with both corporate and private clients. He has had a keen interest in trading, which led him to Sable International after obtaining his degree. Sebastian also has a strong interest in risk management and environmental economics.

He plans on obtaining the Energy Risk Professional designation — which focuses on the financial risk aspects of energy production. Sebastian is passionate about hiking and enjoys surfing, often going for a morning session before coming into the office.

Forex Bureaux – Bank of Ghana

In her current role as a Client Relations Administrator, she is responsible for registering clients who want to send money out of South Africa. Teri-Anne enjoys spending time with her husband and two children, watching movies and eating good food. After matriculating from Premier College, she completed a course at Milpark Education. Anthea has previously worked at Woolworths Financial Services. In her current role at Sable International, she is responsible for assisting clients with financial emigration. She joined Sable International in and is currently employed as a Forex Broker, managing corporate and private client portfolios at the Cape Town office.

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As a Client Relations Administrator in our forex department, she assists clients with financial emigration. Monique is always up for a challenge and believes in hard work and measurable results.

History of Forex

She was snapped up by Sable International in She enjoys spending her time outdoors; exploring the countryside with her husband, two children and three dogs. Send money internationally the easy way We are industry experts with over 22 years of experience, specialising in private and corporate forex solutions. With over , transactions each year and 60, clients worldwide, we can easily provide you with the forex solution you need.

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