{"id":248,"date":"2023-11-17T10:43:25","date_gmt":"2023-11-17T10:43:25","guid":{"rendered":"http:\/\/10.0.1.147\/?page_id=24"},"modified":"2024-07-03T14:26:54","modified_gmt":"2024-07-03T14:26:54","slug":"hc-market-maker","status":"publish","type":"page","link":"https:\/\/www.hashcashconsultants.com\/hc-market-maker\/","title":{"rendered":"HC Market Maker"},"content":{"rendered":"
Say, a UAE Bank wants to settle in Swiss Franc. However, it does not have relationship with a bank in that region.<\/p>\n
It has relationship with a Euro Bank however, which settles in Swiss Franc.<\/p>\n
The UAE bank can use rates offered by the Swedish Bank on the forex market place to settle in Swiss Franc using the market maker product.<\/p>\n
The HC Market Maker will automatically pick up the best available forex rates for a certain currency pair.<\/p>\n<\/div>\n
In the example above, the Swedish bank puts out Forex deals in the HC open market place for participants to pick up.<\/p>\n
Similarly, Currency Exchanges, Banks, Wallets and Cash out providers can use the product to extend deals and expand their markets.<\/p>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"
Banks use it to gain access to liquidity in geographies with no nostro relationships Say, a UAE Bank wants to settle in Swiss Franc. However, it does not have relationship with a bank in that region. It has relationship with a Euro Bank however, which settles in Swiss Franc. The UAE bank can use rates […]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"template-hc-market-maker.php","meta":{"footnotes":""},"class_list":["post-248","page","type-page","status-publish","hentry"],"yoast_head":"\n