No magic bullets: Macro-hedgers look for eurozone protection

Macro aggro

joe-nash

An effective hedge for eurozone tail risk has to tick two boxes: it should be liquid enough so that large positions can be put on and taken off easily; and it should pay out when required. The foreign exchange market meets the first of those criteria. The difficulty – as many market participants are finding – is identifying a trade that meets the second.

“Whether we’re talking to corporates, pension funds, hedge funds or asset managers, this is a big focus. But the best hedge is not always the

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

Stemming the tide of rising FX settlement risk

As the trading of emerging markets currencies gathers pace and broader uncertainty sweeps across financial markets, CLS is exploring alternative services designed to mitigate settlement risk for the FX market

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here