Our client is a film producer planning a production that’s due to shoot some months in the future. They have a shoot budget that they need to adhere to, but fluctuating currency exchange rates between now and the shoot date make planning ahead very difficult. Once the filming budget is locked in, they can’t pass additional costs onto anyone involved in making the film.
To ensure that our client could adhere to the budget they had already set, we used market orders to target specific rates of exchange that met the client’s needs. In this way, our client could exchange currencies when the market rate was favourable to them and ensure that their filming project came in within budget.