A basket default swap (BDS) is a commonly traded instrument for the hedging and investment of a credit portfolio. Because of the fluctuation of the global financial environment, concern about the issuer...
A refined view on hedging
The online Certificate in Quantitative Finance program provides risk professionals with quant finance tools applicable to their roles, and now offers risk management electives. Download the CQF brochure.
More Hedging articles
Will reduce capital charge by at least 75%, inter-dealer broker claims
Loss-making unit's RWAs would have tripled under Basel III, JP Morgan chief executive says - but attempting to cut capital burden made its hedges more complex
Securitisation would be "a lot less viable" if SPVs do not qualify for clearing exemption, says Isda
A shrinking pool
US Airways, which has stood out from the rest of the airline industry in recent years because of its refusal to hedge fuel costs, wants to hire someone to run a fuel hedging programme. The airline d...
This week, Delta Air Lines confirmed rumours that it was purchasing a refinery on the US east coast, a first-of-its-kind transaction. As details of the deal have emerged, some observers have warmed ...
Valuation of commodity structures in co-integrated futures markets
Most respondents think oil prices will rise – but few have risk management policies in place to cope with it
Despite hard-won exemptions, corporates should consider the pros and cons of clearing, according to panellists at an ACT event - but treasurers remain unconvinced
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