EXECUTE TRANSPARENTLY

Competitive pricing on every trade

Deep institutional liquidity, fixed spreads and transparent execution all within a governed, auditable workflow.

Book Demo

TruHedge transparent FX execution — deep institutional liquidity, fixed spreads and no hidden fees, all within a governed, auditable workflow across 200+ connected banks

137

Currencies

£0

Hidden cost

1

Platform

100%

Auditable

FULL CONTROL

Benchmark your bank

Most businesses assume their bank is giving them a competitive rate. TruHedge lets you verify that in real time. Check your bank's quotes alongside our institutional liquidity network simultaneously - every quote ranked by competitiveness, with no hidden routing and no preferred counterparty.
You see everything. You decide where to trade.

Get started

All participants quote simultaneously

Your banks and our liquidity providers receive a live quote request at the same moment.

TruHedge Hedge Cart — your banks and liquidity providers receive the same RFQ at the same moment, eliminating preferred counterparty bias and conflict of interest

You see every quote, ranked

No hidden routing, no preferred counterparty, no conflict of interest.

TruHedge best price quote screen — every quote ranked by competitiveness with no hidden routing, so you always know where the market is and exactly what your cost is

You decide where to trade

Select the best price, confirm execution, and your fixed spread is instantly applied.

The full stack

Our product suite

All with fixed, pre-agreed spreads and complete auditability.

Spot

When you know the exact date
of your payments or receipts.

Guaranteed protection rate

Transparent, pre-agreed pricing

Full audit trail

Flexible drawdowns

Potential to benefit from improved rate at expiry

Spot

Instant conversion with same-day settlement

Fixed

Fix a rate to deliver on an exact future value date

Flexible

Fix a rate with the freedom to draw-down fully or partially before the value date

Dynamic

Fix your protection rate but have the ability to take a better rate if the market moved in your favour

OUR PRICING MODEL

The end of opaque FX pricing

Your spread is locked in before you trade. Every execution is logged. Every cost is visible. No surprises before, during, or after settlement.

PRE-TRADE

Spread agreed in advance

Before a single trade is executed, your spread is defined and documented. The rate you see is the rate you pay, with zero markup applied between quote and settlement.

EXECUTION

Live price transparency

The platform surfaces the underlying interbank rate alongside your agreed spread in real time. You always know where the market is and exactly what your cost is. No guesswork required.

POST-TRADE

Audit every execution

TruHedge logs every trade with timestamps, rates, spreads and counterparty detail, providing a complete, exportable audit trail for treasury, finance and compliance teams.

TruHedge Trade Analyser showing complete cost breakdown — spot rate, forward points charge, counterparty spread and your net rate all itemised before every execution, so there are no surprises

execution audit

Every cost disclosed. Every time.

Before each trade execution, Tenora's Trade Analyser produces a complete breakdown of the costs involved. 

✓ Spot rate, forward points and counterparty charge itemised per trade

✓ All-in rate and notional cost displayed

✓ Counterparty charge rated - Excellent, Good, Average, Above Average, High

✓ Instantly uploaded to your Trade Analyser blotter

your specialist

Real expertise when you need it.

Every Tenora client has a named Treasury Strategist to assist them. Not a helpdesk. Not a chatbot. A person who knows your business.

You can speak to your Treasury Strategist whenever you need guidance on hedging policies, managing exposure or navigating market volatility. As your business grows, so does their understanding of it.

Speak to an expert