Import & Export - Companies who Import or Export goods are buying them in one currency and selling
them in another currency.
Speculation - The FX rate between two currencies varies so the traders can benefit by buying currency at
one rate and selling it at more favourable rate. Speculation makes up by far the largest proportion of
trading in the FX market.
Hedging - Hedging eliminates potential profits or losses. This involves executing an FX transaction which
will exactly offset the profit or loss of the foreign asset caused by the changes in the FX market.
|
|
Global Group of Companies Inc is a Philippine Based Company with a presence all over the World
specializing in Forex, Remittance, Financing, Telecommunications, Distribution and Import & Export.
Subsidiary Companies are:
- Global Forex & Remittance Co., Inc.
(Engaged in Forex Related Transaction)
- Simple Thumbs-Up Lending Co., Inc
(Financing Company)
- Global High-Tech Telecommunication Co., Inc.
(Providing full range of Mobile Phones and Accessories)
- Global Fortune Import & Export Co Inc.
(Importing & Exporting of Goods In & Out of Philippines)
- Asia Pacific Import & Export Co (Import & Export of Goods In & Out of Hong Kong & China)
- Asia Pacific Distributors
(Distribution of Sundries Item & Imported Goods in India)
|
|
