Did Beijing set this morning's yuan midpoint stronger or weaker than last night's close?

Panbiota can read the gap between the 9:15 midpoint and where the market left the yuan the evening before, showing the size and direction of the steer each morning.

Is the Hong Kong dollar near either end of its band, and has the defence started?

Panbiota can show where the currency sits inside its 7.75 to 7.85 band and alert as soon as the official forecast of banks' cash balances shows the band being defended, and by how much.

Does this week's yen move look like the days Japan intervened?

Panbiota scores each day against the days Japan has stepped in, so you see the likelihood of intervention before the month-end confirmation arrives.

Does a crowded speculative bet before a central bank meeting tend to unwind afterwards?

Panbiota knows how often a crowded bet unwinds after a central bank meeting, and how fast, and flags the crowded side before the meeting.

If the yen fell another five per cent before our payment dates, what would it cost us?

Panbiota sets your open payments, receipts and hedges against a further fall, showing the value at each payment date, the cost of hedging and where the worst of it falls.

Can Panbiota supply the official rate for a month-end revaluation?

Yes. It can provide the official rate for any currency and date, with when it was set, when it was published and its gap to the rate actually booked, laid out for revaluation files and audit.

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Foreign exchange.

The currency day as it moves round the world, fix by fix and rate by rate.

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Questions it answers

What it answers.

Did Beijing set this morning's yuan midpoint stronger or weaker than where the market left it last night, and by how much?
Is the Hong Kong dollar near either end of its band, and has the defence started?
Does this week's yen move look like the days Japan later confirmed it had intervened?
Does a crowded speculative bet before a central bank meeting really tend to unwind after the decision?
Is the dollar's overnight rate creeping towards the top of its target range?
If the yen fell another five per cent before our payment dates, what would our unhedged payments cost, and what would hedging half change?

Who it is for

Who uses it.

Wide view of a currency trading floor in Hong Kong at night, rows of desks facing harbour windows with the lights of Kowloon beyond

Currency traders and macro funds

Market move or central bank leaning on it? The yuan's morning steer, a Hong Kong band under defence, and yen days like past interventions.

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Corporate treasurers

When to hedge next quarter's euro, dollar or yen payments. The rate gap that drives forward cost, each morning, beside your contracts' official rate.

A bank treasury floor in Zurich in the early morning, long desks and tall windows with the lake beyond and only a few staff in

Bank funding and risk desks

How much of each currency to borrow ahead of need. Flagged the morning an overnight rate drifts to the top of its range.

Close-up of a hand tapping a bank card against a contactless terminal on a Paris cafe counter, croissants blurred behind

Card issuers and payment firms

Mark-ups must be set and defended; EU issuers state them over official euro rates. Each customer rate checked against the nearest official rate, dated.

Rows of desks with stacked files in an audit firm's office in Mumbai at quarter end, evening lights on and a few staff still working

Company accountants and auditors

Month-end revaluation needs one defensible rate per currency and time. Which official rate was set when, evidenced in the file.

Modelled, tested, simulated, run

What we model, test and run.

Set-up, modelled

Yen intervention set-up

A fast yen slide, a wide yen-dollar rate gap, heavy speculative yen shorts, a sharp Tokyo 9:00-to-17:00 swing. What it has meant before: whether Japan acts, when, and how far.

Arbitrage set-up

Cross-rate gap

The euro-yen quote on one venue against the rate implied by euro-dollar and dollar-yen on another. Flagged when the gap beats three legs of fees, spreads and settlement risk.

Theory, tested

Crowded bets before a rate decision

When speculative bets run to extremes before a rate decision: how often they reverse, and how fast.

Simulation

Currency shock run on today's book

Your payments, receipts and hedges through past shocks: a yen intervention, a yuan reset, a lira or rand fall. Out: value per payment date, hedge cost, worst cases.

Engine

Currency execution engine

Hedges a set share of each payment in tranches before your contracts' official rate. Limits per currency and per day. Runs in your systems, on your rules.

What Panbiota can build

What we build for you.

Fixing clock

A globe that lights each central bank as its official rate lands, from the yuan's 9:15 midpoint to Canada's 16:30. Flags rise when two banks disagree on a pair.

Peg and midpoint gauges

A dial for the Hong Kong dollar in its 7.75–7.85 band, alerting when defence shows in banks' cash forecast. Beijing's steer, read from the yuan midpoint against last night's close.

Intervention likeness model

Knows the signature of every declared Japanese intervention, read through Tokyo's 9:00 and 17:00 rates. Scores each new day before month-end confirms it.

Funding stress strip

Each overnight rate against its central bank's: dollar within its range, sterling and krone against policy rates. Amber as it creeps towards the top, red if it breaks.

Carry and crowding tester

Currencies ranked weekly by policy-rate gap to the US, with speculative futures bets beside each. What extreme bets before a decision have meant, and likely mean now.

Services

Delivered to you.

A stone bridge over the Thames at first light, mist on the water and the first office windows glowing in the towers along the bank

Morning currency reading

Each currency before London opens, the Asian night already in. As a note, a feed or a team-chat assistant with alerts.

Aerial view of a bay crowded with cargo ships at anchor off Singapore under a hazy late-morning sky, each waiting its turn for a berth

Treasury exposure report

Monthly: your open payments and receipts against official rates and rate gaps. How far each moved, hedge cost, a simulated range to payment date.

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Month-end rate evidence

Any currency, any date: the official rate, when it was set and published, and its gap to your booked rate.

A payment company's open-plan operations floor in Tallinn, rows of staff with headsets at long desks, sunlight and plants

Mark-up checks for payment firms

Daily, every customer conversion rate against the nearest official rate. Each mark-up as a percentage; outliers flagged for compliance.

Markets

Digital assets Equities Commodities Options & hedging Market making Credit Insurance & actuarial Financial crime Digital collectibles Prediction markets Wagering

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