Globalization refers to the shift toward a more integrated and interdependent world economy with one huge global marketplace. As the world becomes a truly integrated global economy, more firms, both large and small, are shifting toward international trade.
The Foreign Exchange Market (Forex Market) is the biggest and most liquid financial market in the world. According to the Bank for International Settlements, the preliminary global results from the 2013 Triennial Central Bank Survey of Foreign Exchange and OTC Derivatives Markets Activity showed that trading in foreign exchange markets averaged $5.3 trillion dollars per day in April 2013.
Companies engaged in international trade and investment use the Forex Market to convert the the payments they receive for their exports, the income it receives from foreign investments and the income from licensing agreements with foreign firms in foreign currencies.
The Forex Market is divided into levels of access. The levels of access are determined by the size of the "line" (the amount of money with which participants are trading). Thus, historically only large financial institutions, corporations, central banks, hedge funds and extremely wealthy individuals had the resources to participate and take full advantage of the market.
For businesses involved in international trade, trading globally gives consumers and countries the opportunity to be exposed to new markets and products. As companies engage in cross-border trade and investment, they need to recognize and understand currency fluctuation because what happens in the foreign exchange market can have a fundamental impact on their sales, profits and strategies.
Conducting business transactions across national borders requires understanding of two simple rules: Be innovative or be cheaper than the competition.
LemontreeFX is a Mexican company providing international payments and peer-to-peer foreign exchange services to corporate customers involved in international trade. We offer low cost electronic services to clients avoiding the usual foreign transfer fees, and bank spreads by matching up corporations sending payments between these two countries.
We want to offer not just new products but also new management practices, new strategies and new cost efficient financial instruments and processes to help our clients achieve their goals.
Our company is conformed by prominent and devoted students of the Mexican Autonomous Institute of Technology (Instituto Tecnológico Autónomo de México) one of the most prestigious research universities in Mexico.
In LemontreeFX, we know that innovation and entrepreneurial activity are the engines of long-run economic growth.