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About Us
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| "Don't wait for extraordinary circumstance to do good; try to use ordinary situations." |
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| -Charles Richte |
| Shyam Poddar |
| About Forex Capital? |
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Dear friends,
Welcome to the intriguing world of forex, which the Forecap team endeavors to make an interesting experience for you. Unlike other organizations, the services offered by Forex Capital are synonymous to the company's name. Other than the focus on Portfolio Management and Advisory services to our valued clients, we also strive to create awareness amongst the small and medium corporates. We keep our clients abreast with the daily changing scenario in the FX WORLD for better competitive edge in global market.
In the current liberalised scenario, Indian forex market has witnessed a sea change. Unprecedented volatility, both in domestic as well as international currency market, makes it imperative for corporates to treat Forex Management as an active process rather than a passive one. A good foreign exchange policy is critical to the sound risk management of any corporate treasury. Without a policy, decisions are made ad-hoc and generally without any consistency and accountability. Our approach helps senior management or the board to be confident that the risks of the business are being managed consistently and in accordance with overall corporate strategy. We firmly believe that any hedging decision involves proper planning and should be taken on cost-base and not on market driven sentiments. Hence, our approach helps eliminate the panic factor as decisions are based on factual position rather than ad-hoc advises.
Introduction of various sophisticated financial engineering products has opened a plethora of opportunities for the corporates. Not only do these products provide different options for safeguarding against unforeseen risks and cost saving, they can also help convert treasury into a vital profit-center. With a proper understanding of risk and reward of various products in line with management perception and objective can bring in optimum results in terms of enhanced profitability.
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| History of
Forex Capital |
Forexcap.com and its parent Forex Capital Services (P) Ltd. are the crystallized dream of visionary Mr. Shyam Poddar who is also the founder of the organization. After graduating from Calcutta University Mr. Poddar started his career as assistant Broker in 1961 with one of the leading broking houses. His acumen and brilliance was apparent as he rose to become a partner of the company namely, 'G. Tibarewala & Co. (FOREX)' having offices in all major metro cities. He was a key figure as founder broker of NEW DELHI INTER BANK FOREX market since1973.
While working as a broker, Mr. Poddar came across the simple problems faced by many corporates that resulted in avoidable losses for the companies. They were not confined to lack of timely and accurate information but also ignorance of term 'hedging and risk management'. Unlike International market the Indian market is an emerging market, which is still facing lot of grass root problems. His frequent interaction with the regulators like RBI and FEDAI and participations in various forums helped him put forward his experiences about the Indian Forex market and seek clarifications and amendments on the same. His skills grew with time and envisaged the birth of 'Forex Capital Services (P) Ltd. in 1985.
Since then the Forex Capital has been rendering valuable services regarding currency risk management, currency portfolio management to both small time and leading corporates. His brilliance, foresightedness, diligence and acumen saw the company scale new heights year by
year. The growth of the company accentuated, as his daughter Ms. Anjana Poddar joined the organization a few years back. Her foresightedness, passion for technology, clubbed with Mr. Poddar's experience saw the birth of forexcap.com.
The company along with other team of vibrant professionals endeavors to deliver to larger number of people not only knowledge, but one-touch customized services that an individual would have often desired.
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| Objective
Of Forexcap.com |
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The world is getting closer and the markets are turning as a single global market. ECOMMERCE has taken a front seat. In this changed environment, it has become imperative to make information accessible to our valuable clients as quickly as possible. Where the time is an essence in the forex world, Forexcap team is thriving hard to show - "THE POWER OF INFORMED DECISION MAKING". We look forward to serving our clients better with the wide range of services and products as mentioned in our SERVICE PAGE.
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