# Just Technologies - The independent FX cost benchmark for companies

> Just Technologies measures the margin your banks charge on FX. It scores every trade against the real market rate the bank could have traded at (never the interbank mid, a midpoint price nobody can trade on) and against a network of similar companies, to the basis point, so a company can tell whether its FX pricing is fair and negotiate a lower margin. Just is paid by the company it protects, never by the bank it measures.

## Key terms
- **Just Cost Index**: the independent benchmark of what companies pay their banks on FX. Each trade is scored against the real market rate that was tradable at that moment and against similar companies, expressed to the basis point.
- **FX cost benchmarking**: measuring the margin (the bank's mark-up, hidden inside the exchange rate) that a company pays on its FX trades, against an independent reference of what was actually tradable, to judge whether the price was fair.

## Guides
- [What is independent FX cost benchmarking?](https://gojust.com/guides/fx-cost-benchmarking): the definition of the category, why bank FX cost is invisible, the mid vs the real market rate, the peer benchmark, and how negotiating a lower margin works.
- [How to negotiate better FX rates with your bank](https://gojust.com/guides/fx-negotiation): how to negotiate FX pricing with a bank - restate every quote as an all-in margin per currency pair in basis points, award flow pair by pair, read the scope exclusions, and know what a bank can and cannot commit to in writing.
- [FX forwards: pricing, cost, and how to benchmark them](https://gojust.com/guides/fx-forwards): how FX forwards are priced from the spot rate plus forward points, where the bank's margin hides in the all-in rate, and how to benchmark them.
- [FX forwards vs options: what each one costs](https://gojust.com/guides/fx-forwards-vs-options): what a forward is, what an option is, and how to choose between them - certain cash flows call for a forward, uncertain ones for an option.
- [Value dates and broken dates, explained](https://gojust.com/guides/fx-value-dates): what a value date is, the T+1 vs T+2 settlement rule by currency pair, and how weekends and bank holidays shift settlement.
- [FX cost guides hub](https://gojust.com/guides): all guides to the cost of FX for companies, with an FAQ and a glossary of FX cost terms.

## Guides in Danish
- [Hvad er en fair valutamargin?](https://gojust.com/da/guides/valutamargin-benchmark) (Danish): why the ECB reference rate and the interbank mid cannot measure a bank's FX margin, what to measure against instead (the rate the bank could actually have traded at, at your size and direction), and why the interbank "1-2 bps is a red flag" threshold is miscalibrated for corporate flow.

## Product and method
- [Methodology](https://gojust.com/method): how every trade is benchmarked against the real market rate the bank could have traded at, never the mid; the margin shown to the basis point.
- [Customers](https://gojust.com/customers): documented outcomes, and how the benchmark sharpens as more companies join.
- [Just Essentials](https://gojust.com/essentials): free treasury tools included with every Just subscription - FX VaR, Budget Rates, Policy Builder, and the Margin Converter.
- [Partners](https://gojust.com/partners): how consultancies, CFO-office platforms, and introducers put Just's independent FX benchmark behind their own client work.
- [Book a walkthrough](https://gojust.com/demo): a 30-minute walkthrough of the independent FX cost benchmark, live on demo data.

## Full content
- [llms-full.txt](https://gojust.com/llms-full.txt): the complete text of every guide, the methodology page, the FAQ and the glossary, in one file.

## About
Just Technologies AS is an Oslo-based company providing independent FX cost benchmarking to corporate treasury teams across the Nordics and internationally. It is paid by the companies it protects, never by the banks it measures. The Just Cost Index sharpens as more companies join the network.