Aaron Nauman

Okay.

So for a million euro of an order, okay, you have to pay me $1,040,000.

That's my cost.

So for me to earn slightly on, because that's my cost, okay, so I will quote you 1.042, which is this 20 basis point that I was mentioning earlier.

I see.

Yeah, and that 20 basis point is basically $2,000, okay, on a million euro of an order, which is close to nothing.

Sorry?

No, no, no, no.

They're from different areas.

Actually, we are more of an embedded finance.

So we are providing hedging to travel platforms in the travel industry.

So for example, a bed bank that is selling hotel beds to local agents.

So we will provide hedging solution.

Like our engine will provide him prices that he can quote his local agent in their local courses.

So for example, if you have a hotel bed in the US that he has a Mexican agent

that is selling rooms to Mexicans, okay?

Which is a little bit complicated.

But we can give him the hedge so he can quote the hotel bed price in Mexican peso for his Mexican agent.

And the Mexican agent can pass through the Mexican peso price to his local client.

So we're still going to make the same spread that I mentioned earlier.