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You are here:
It's time to trade
We understand that risk management is essential to the continued profitability of your business – help protect your bottom line with Ulster Bank Trade.
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Ulster Bank Trade includes a number of free online services, including the ability to execute Foreign Exchange Online, which gives you easy access to FX Market rates and trends. Ulster Bank Trade allows you to transact FX 24 hours a day, throughout the global trading week. This is an additional service that allows you to manage your currency exposure reducing risk and protecting your all important bottom line. Our experienced FX Markets team are still on hand keeping you updated on Foreign Exchange moves, relaying market information and giving you the benefit of a top-class professional service.Standard charges apply.
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Trade Capabilities
Indicative rates
Spot and Forward Foreign Exchange
Foreign exchange multi deals
FX Blotter
Foreign exchange swaps
Foreign exchange time option
Accounts held in the Republic of Ireland
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Accounts held in Northern Ireland
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Technical Support Desk
For technical issues please contact our freephone numbers:
(ROI) 1800 303099
(NI & UK) 08000 397375
Ulster Bank Trade – Deal FX Online
Who Trade may be suitable for
Trade may be suitable across our client base - from commercial through mid-corporate to large corporate and institutional customers. Subject to certain minimum criteria, anyone who transacts foreign exchange activity regularly is a potential customer for Trade.
Streaming FX price technology
The pricing model providesstreaming rates as well as reciprocal pricing for all currency pairs e.g. GBP/EUR and EUR/GBP.
Settlement
Settle FX deals by different methods:
Servicelink / Bankline
Fax payment facility
Draft / Cheque settlement
STP (straight through processing) via SSI’s(Standard Settlement Instructions)
FX Swaps
Swap functionality extended to cover prepost (i.e. covering the period today/tomorrow); forward/forwards (e.g. 1 month/3 months); mismatched swaps.
FX Multideal
The multideal facility has flexibility including the capacity to combine buy and sell legs, the ability to deal up to three years forward and foreign exchange time option legs.
Access
Trade is a free browser based service which has no additional software requirements. There are however, certain minimum specification criteria required:
PC Operating system must be Windows
Customers must have installed Sun Java 1.5.0_06 & above
Customers require a minimum Internet connection of 500kbs (Broadband) connectivity
Terms & conditions
For Trade these will be available in both paper and online formats. This will allow for speedier completion.
ROI Terms & conditions
NI Terms & conditions
Demos
Try one of our demos today to see how each of our easy to access services can help you manage your risk.
FX Indicative Rates
FX Spot Forward
FX Multi Trade
FX Blotter