Foreign Exchange

As a global systemically important bank (G-SIB) with an "AA-" credit rating (source: Standard & Poor’s, December 2019), we offer the liquidity profile, data-driven research and expertise to meet your varying foreign exchange (FX) needs. Clients may engage with us from various high- to low-touch principal execution methods or fully outsourced agency solutions.

Liquidity Solutions

eFX

Trade on nearly any venue with our electronic FX price stream and our comprehensive suite of FX Algorithms.  Alternatively, you may choose to utilize our single bank dealer platform VectorFXSM, thereby taking complete control over the execution lifecycle of your order inclusive of pre- and post-trade TCA via BestX®.  Vector integrates directly into Charles River, FX Connect®, or may be used on its own.

High touch: Direct FX

Choose your own execution time and method and contact our sales traders directly for a principal execution.  Trade by voice or trade electronically on one of the many available multibank platforms.

Low touch: StreetFXSM

Provides a fully automated, rules-based platform that can increase transparency and efficiency, seeks to reduce trading costs, minimizes operational costs and helps to mitigate uncompensated risk in the FX trade life cycle. With client-defined parameters and straight-through process, StreetFXSM is a scalable and transparent solution.

No touch: Indirect FX

For clients seeking convenient access to market-leading infrastructure to outsource and automate their foreign exchange trades. Designed specifically for the foreign exchange trades that relate to the purchase, sale or holding of a security

Risk Management

Agency FX

Allows clients to outsource their FX requirements to a dedicated and segregated agency execution desk, therefore removing the cost and resource headache of running this function internally. This further enables clients to diversify credit risk and unify external manger FX activity.  Offers the potential for cost reductions and the ability to improve margins by freeing up resources to focus on other core business activities.

Currency Management

Agency-based currency overlay service offering share class hedging, portfolio hedging and benchmark ETF hedging. Our Currency Management program provides our clients a robust framework for operational risk and oversight.  We manage approximately $235 billion in hedged assets under management for 80 clients globally*.

BestXSM

Innovative TCA platform, offering pre- and post-trade TCA for FX and Fixed Income.

Advisory Services

State Street Associates’ tailored analysis to formulate strategy, identify risks, enhance returns, and manage risk.

Asset Intelligence

Investor Behavior Indicators

Leveraging the $32 trillion of assets* we administer, we are able to provide clients with readings into the aggregate behavior of institutional investors around the world and across asset classes.

PriceStats

Our high frequency inflation series scrapes 350 million online prices around the globe every day, thereby helping to anticipate inflation trends around the world and inform dynamic strategies. By using real-time online pricing across the world, it offers a better estimate on each country’s consumer price inflation growth than public information.

Risk Indicators

Provides measures of financial turbulence and systematic risk in the current financial market and the likelihood of extreme losses.

MediaStats

Collects more than 100,000 media sources and generates real time market sentiment of broad media sentiment with estimated effects on future price fluctuations. However you choose to work with us, we provide access to the Liquidity Solutions, Risk Management, and Asset Intelligence necessary to provide you and your clients the outcome orientated solutions to succeed.

Our Market Leadership

Euromoney FX Survey Rankings 2019

  • Number 1 with Real Money
  • Number 2 for FX Swaps trading
  • Number 3 with Hedge Funds globally
  • Number 6 overall globally
 

* as-of December 2019