FX risk management, written down and run to policy
Move from ad hoc FX decisions to a disciplined risk framework tailored to your business, stakeholders and market profile.
Your enquiry goes straight to an advisor. We usually reply within one business day.
Target cover by tenor
- 0–3 months Committed orders 75% hedged
- 3–6 months Firm forecast 50% hedged
- 6–9 months Budget 30% hedged
- 9–12 months Early budget 15% hedged
- 2001 Founded
- AFSL 259763 Verify on ASIC's register (opens in a new tab)
- AFCA member External dispute resolution
- $2M–$200M Annual FX programmes we advise on
Three stages, one advisor from start to finish
Each stage ends with something your finance team keeps and uses, so the discipline survives a change of CFO or a volatile quarter.
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Understand your exposures
We map your cash flows, balance sheet exposures and commercial drivers to identify where FX risk matters most, and where it doesn't.
You receive An exposure map from an FX risk assessment workshop -
Design a pragmatic policy
Together we define target hedge ratios, instruments, tenors and decision triggers that your finance team can implement consistently.
You receive A written hedging policy and a governance review -
Implement and monitor
We support you with execution, reporting, board-ready commentary and regular policy reviews as your business evolves.
You receive Executed hedges, coverage reports and ongoing market updates
The instruments, and when each one earns its place
Your policy names the instruments your team may use and who may approve them. Most programmes need only two or three.
- Forward contracts
- Fix the rate today for a known payment or receipt. The workhorse of a layered hedging programme.
- Window forwards
- For invoices that land inside a date range, so a slipped shipment does not force an extension.
- FX options for SMEs
- For contingent or uncertain exposures, where paying a premium buys protection and keeps the upside.
- Spot trading
- For the unhedged balance and same-day needs, executed against the policy rather than on a hunch.
Reporting and analytics
- Position and hedge coverage reports
- Scenario analysis and stress testing
- Impact on margins and budgets
- Post-trade analysis and benchmarking
Who we work with
We partner with finance, treasury and leadership teams at wholesale clients, including:
- Importers and exporters
- Investors
- Corporate treasury teams
The people who will manage your exposure
Boutique by design: one of these advisors follows your exposure from policy through settlement. Read how each of them thinks before you call.
Further reading
- Writing an FX hedging policy: a template for $10–50M businesses A four-to-five page template for an SME FX hedging policy: risk appetite, hedge ratios by tenor, approved instruments, authorities, repor...
- Layered hedging: a 12-month framework for importers A 12-month framework for Australian importers running $5–50M programmes: the 75/50/30/15 cascade, instrument selection, and governance.
- Sector FX guides: tech, agri, construction, property FX hedging by sector: what's distinctive about tech importers, agri exporters, construction and property developers — and which instrumen...
- FX options for SMEs: when premiums earn their keep When vanilla options, zero-cost collars and participating forwards earn the premium for an SME — and when a plain forward is the better t...