AMNIS expands in Europe thanks to successful financing round
The Zurich-based start-up AMNIS simplifies currency exchange and international payments for small- and medium-sized companies. To offer the service throughout Europe in the future, AMNIS secured the necessary capital in a Series-A financing round. AMNIS management The financing round was realised with Spicehaus Swiss Venture Fund as lead investor. The parties have agreed not to […]
How do you calculate the forward exchange rate?
Forward exchange transactions (forwards) are the ideal instrument for hedging exchange rate risks. For example, by fixing the exchange rate for a future deal already today, an importer can secure his expected profit from importing goods. In contrast to an immediate currency exchange (spot transaction), the interest rate differential is taken into account when calculating […]
EUR/CHF: Banks forecast a slightly weaker Swiss franc
In recent months, the Swiss franc has strengthened significantly against the Euro. Therefore, we have summarised the latest exchange rate forecasts of various banks: On average, a slight weakening of the Swiss franc is expected again in the coming quarters.
What is a foreign exchange forward contract?
With a foreign exchange (FX) forward contract, the current exchange rate is hedged to a defined date in the future. The responsible financial manager does not have to buy a foreign currency in advance and, thus, has more leeway in dealing with the upcoming cash flows. A forward contract is a simple but important financial […]
Pascal Widmer introduces himself…
Pascal Widmer started at AMNIS as Key Account Manager at the beginning of March 2018. We are very happy to have him on board. Due to his many years of experience in the industry and his strength in customer support, Pascal is an ideal addition to our team. Below you will find insights into his […]
What is a currency swap?
A currency swap is the ideal instrument to manage the maturity of cash flows in foreign currencies. It is a combination of two foreign exchange transactions. Usually, you enter a spot and a forward transaction. Thus, the exchange into another currency and the re-exchange at a later date is stipulated in an FX swap. What […]