Stock Trading Platform
Trading Without Borders or FX Friction
WorldFirst offers institutional-grade FX execution and risk management for stock trading platforms, with a product matrix including FX spot, forwards, and Non-Deliverable Forwards (NDFs). It enables real-time rate locking, dynamic settlement, and multi-currency fund management to help platforms lower FX costs, accelerate settlement, and navigate volatile global markets.
The all-in-one FX trading and hedging solution for stock trading platforms
Streamline multi-currency funding, exchange, and settlement, offering competitive exchange rates and higher efficiency for global investors.
One-stop, multi-currency global account
- All-in-one account to connect global funds
Enable investors to deposit, consolidate and withdraw funds, and accelerate cross-border transactions through one multi-currency account.
- Flexible, multi-currency collections and payouts
Open a multi-currency account to accept payments in 32 currencies and ensure local regulatory compliance. Settle payments in the original payment currencies to save on FX fees.
- Visual multi-currency fund management and instant transfers
Manage multi-currency funds in one unified view and transfer funds instantly across 25 currencies, reducing cross-border settlement times. Consolidate funds in seconds.
FX hedging with cost control
- Rule-based auto-conversion
Automate currency conversions by setting rules based on market rates, times and balance thresholds, allowing for a hands-free trading experience.
- Short-term rate locks and forward contracts
Lock in conversion rates upfront using spot locks, short-term locks and multi-tenor forwards, to mitigate the impact of volatility.
- Access to a full spectrum of currencies
Convert funds across diverse currencies, including major pairs and emerging market currencies, and use Non-Deliverable Forwards (NDFs) to hedge FX risks even in restricted markets.
Efficient settlement and transfers
- Slippage control for predictable costs
A smart pricing engine aggregating liquidity from various sources delivers millisecond-level responses and real-time execution. Pre-trade price locking ensures the executed price matches the quoted price, making FX costs clear and controllable.
- Flexible settlement & smooth fund allocation
Address clearing delays, holiday disruptions, and time zone differences through flexible settlement periods and options, including early, partial, and batch settlements.
- API access to FX liquidity
Embed end-to-end FX management into your own system including accounts, rate locking, FX conversion, payments, and billing through an API.
Customer Story
Background & Challenges
As an SFC-licensed platform offering HK/US stock trading, futures, and asset management, the customer struggles with high FX costs and inefficient settlement as trading volumes scale.
On one hand, uncompetitive bank CNH/HKD-USD rates raise FX costs for the platform and investors. On the other hand, while some brokers offer better rates, slow withdrawal and settlement times hinder high-frequency trading.
WorldFirst Enterprise Solution
WorldFirst customises an API-based FX solution that allows the platform to integrate rate lookup, FX execution, and settlement into its existing system to streamline and automate FX management.
WorldFirst offers competitive FX rates, helping lower conversion costs on CNH/HKD-USD and other major pairs. Leveraging its global clearing network and efficient fund processing capabilities, WorldFirst enables minute-level settlements and faster withdrawals.
This solution helps the platform bridge the gap between competitive FX rates and efficient settlement, improving trading experience, fund efficiency, and overall platform competitiveness.
Background & Challenges
As an SFC-licensed platform offering HK/US stock trading, futures, and asset management, the customer struggles with high FX costs and inefficient settlement as trading volumes scale.
On one hand, uncompetitive bank CNH/HKD-USD rates raise FX costs for the platform and investors. On the other hand, while some brokers offer better rates, slow withdrawal and settlement times hinder high-frequency trading.
WorldFirst Enterprise Solution
WorldFirst customises an API-based FX solution that allows the platform to integrate rate lookup, FX execution, and settlement into its existing system to streamline and automate FX management.
WorldFirst offers competitive FX rates, helping lower conversion costs on CNH/HKD-USD and other major pairs. Leveraging its global clearing network and efficient fund processing capabilities, WorldFirst enables minute-level settlements and faster withdrawals.
This solution helps the platform bridge the gap between competitive FX rates and efficient settlement, improving trading experience, fund efficiency, and overall platform competitiveness.
