7orca FX Execution – Efficient execution of trade instructions.
Structure execution, transparent processes, clear oversight.
Best execution principles
for efficient FX execution.
Institutional currency execution does not begin with the individual trade. What matters is how trading structure, broker access, choice of instruments, operational processes, collateral management and ongoing monitoring all interlock.
7orca FX Execution establishes an institutional execution framework: from the analysis of existing trading structures and the definition of a target operating model to implementation, post-trade processing, monitoring and transparent reporting.
Order placement and all investment decisions remain the responsibility of the client. 7orca focuses on the efficient, traceable execution of client-defined trade instructions in accordance with best execution principles.
Precise. Transparent. Efficient.
Institutional FX execution requires more than the technical execution of orders. It depends on a robust operating framework that systematically combines execution quality, process efficiency, transparency and flexibility. 7orca FX Execution is designed for institutional investors seeking to review existing trading structures, reduce operational complexity or establish a robust execution setup.
From trading structure
to execution architecture.
Many institutional FX set-ups have evolved over time. This can result in elevated transaction costs, structural inefficiencies, restricted access to liquidity, fragmented counterparty structures or limited transparency regarding execution quality and cost drivers.
7orca analyses existing trading processes, instruments, counterparty and pricing structures, as well as operational workflows. On this basis, a robust target execution set-up is developed.
The objective is to establish an institutional execution architecture:
- Structured execution logic
- Transparent cost structure
- Scalable processes
- Robust control mechanisms
- Efficient access to liquidity
- Fully traceable execution
Implementation of an individual
USD hedging structure.
Institutional FX Execution requires more than the execution of individual transactions. The case study shows how an individual option structure for a USD exposure can be analysed, executed with liquidity providers and supported operationally.
The focus is on hedging profile, execution quality, Best Execution, settlement, margin and cash management as well as regular reporting.
Trading volume as an indicator of institutional execution infrastructure.
7orca executes FX transactions across a range of instruments, currencies and execution methods.
The breadth of 7orca’s FX trading activity illustrates the scale, diversification and operational depth of its execution infrastructure.
156
EUR billion
Trading volume in 2025
30
Currencies
Currencies traded in 2025
10
Broker
Connected to international execution and OTC brokers in 2025
FX Execution Setup. Institutionally integrated, operationally robust.
Execution is integrated into existing client, fund and governance structures. Within a master fund structure, FX transactions can be executed centrally through a dedicated FX execution function. This enables trading activities to be consolidated, operational processes to be centralised and governance mechanisms to be integrated consistently.
Creating transparency, managing execution.
Existing structures, systematic analysis.
The starting point is a structured analysis of the existing setup. The focus is on trading processes, instruments used, broker and pricing structures as well as operational workflows.
The objective is to establish a transparent view of the existing execution framework and to define a robust target operating model for its further development.
Defining the execution framework, aligning implementation.
Based on the analysis, a consistent execution framework is defined, bringing together objectives, structural principles and operational requirements.
This includes defining suitable execution methods, incorporating specific client requirements and clearly aligning implementation with the defined target parameters.
Implementation is carried out through dedicated processes and a structured execution architecture.
Managing broker framework, ensuring liquidity.
A key element is the design of the trading and counterparty structure.
Selection is based on qualitative and quantitative criteria, in particular pricing, liquidity provision, credit quality, technical connectivity and the quality of clearing and settlement.
The objective is to establish diversified and robust market access tailored to the requirements of the mandate.
Coordinating instrument selection, maintaining consistency.
FX Execution incorporates a range of different instruments and execution channels.
The key is not the breadth of the instruments available, but their consistent integration into the respective trading and mandate structure.
Instrument use follows the defined target parameters and supports the implementation of the overarching currency strategy.
Structuring processes, ensuring stability.
Operational implementation is based on clearly defined and standardised processes.
Structured order templates, defined workflows and systematic routing within the trading infrastructure form foundation of the execution process.
Validation, execution, confirmation and post-processing are part of an end-to-end workflow that ensures stability and traceability.
Integrating collateral, managing liquidity.
Institutional FX Execution requires the systematic integration of collateral and liquidity management.
Contractual frameworks such as the ISDA Master Agreement and the Credit Support Annex or corresponding collateral agreements form the basis.
Mark-to-market valuations, thresholds and operational processes for managing margin and collateral are integrated into the implementation process.
Monitoring execution, ensuring quality.
FX Execution does not end with the transaction. Ongoing management includes liquidity management, counterparty monitoring and the ongoing assessment of execution quality.
The objective is consistent oversight and the continuous refinement of the execution framework.
Creating transparency, structuring reporting.
Transparency and traceability are integral components of execution.
Transaction cost analyses, audit trails and structured reporting enable a robust assessment of execution quality and support governance and control requirements.
Structuring implementation, ensuring integration.
7orca implements execution setups through a structured process. This includes mandate structure, contractual onboarding, broker connectivity and coordination with relevant parties.
The objective is seamless integration into existing structures and a smooth transition into ongoing day to day operations.
Access expertise,
validate execution.
7orca FX Execution can be used as a standalone service component or integrated into existing institutional execution processes. The focus is on the efficient, transparent and operationally robust execution of predefined FX trading instructions in accordance with best execution principles.
7orca combines execution setup analysis, trading architecture, trade management, broker and counterparty management, post-trade processes, transaction cost analysis and reporting within a robust execution framework. Order placement and investment decisions remain with the client. 7orca provides the professional execution framework required for efficient and transparent implementation.
Focused. Informative. Value-driven.