We also may take proprietary positions in certain currencies. You will have no interest in any profits. When our pre-hedging and hedging activity is completed at prices that are superior to the agreed upon execution price or benchmark, we will keep the positive difference as a profit in connection with the transactions. You acknowledge that we bear no liability for these potential price movements. These transactions may affect the price of the underlying currency, and consequently, your cost or proceeds. These transactions will be designed to be reasonable in relation to the risks associated with the potential transaction with you. Such activities may include trading ahead of order execution. In connection with our market making and other activities, we may engage in hedging, including pre-hedging, to mitigate our risk, facilitate customer transactions and hedge any associated exposure. The level of the fee or markup may differ for each customer and may differ for the same customer depending on the method or venue used for transaction execution. The price provided may include profit, fees, costs, charges or other mark ups as determined by us in our sole discretion. We provide all-in pricing for exchange rates. ![]() The exchange rate you are offered may be different from, and likely inferior to, the rate paid by us to acquire the underlying currency. Exchange rates offered by other dealers or shown at other sources by us or other dealers (including online sources) may be different from our exchange rates. You acknowledge that exchange rates for retail and commercial transactions, and for transactions effected after regular business hours and on weekends, are different from the exchange rates for large inter-bank transactions effected during the business day, as may be reported in The Wall Street Journal or elsewhere. If we assign an exchange rate to your foreign exchange transaction, that exchange rate will be determined by us in our sole discretion based upon such factors as we determine relevant, including without limitation, market conditions, exchange rates charged by other parties, our desired rate of return, market risk, credit risk and other market, economic and business factors, and is subject to change at any time without notice. When buying travel money, it's better to get more than you think you'll need, as it's better to have money left over after your trip, than to run out during your trip.1Exchange rates fluctuate, at times significantly, and you acknowledge and accept all risks that may result from such fluctuations. Oregon ( $100.5), Florida ( $100.1) and Delaware ( $99.9) were the only states that came closest to having a real value of $100. However, you'll find prices become much more reasonable in states such as Mississippi, Arkansas and Alabama, where $100 will get you the best value at $116.69, $115.61 and $115.3 respectively, in practical terms. So you should expect to pay a premium for everything from restaurants, petrol, or even a cup of coffee. New York or California, $100 has a relative buying power of $86.36 and £87.11 respectively. But typically, cities in the coastal states will be more expensive than cities in the mid-west our south.Īccording to The Tax Foundation in the US, if you go to the coasts, e.g. With 50 States to choose from, this can vary a lot. If you're travelling to the US, how far your travel money goes really depends on where in the US you visit.
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