Hedging Interest Rate Exposures under the Dodd-Frank Regime
For enterprises that currently use interest rate swap contracts under an ISDA master agreement that stipulates bi-lateral collateral adjustm
Taking Stock – Hedging Inventories, Hedging Sales
Assuming the availability of derivative instruments relating to the goods under consideration, most hedgers (or potential hedgers) realize t
Options With Options - Hedging With Options Requires Making Decisions
Despite the appeal of the purchased option hedge, which explicitly limits price risk allowing the hedger to enjoy the benefit of advantageou
This Year’s Model – New Lending Practices and Related Accounting Concerns
The first pitfall to avoid is using a standard pay-fixed/receive-floating interest rate swap in conjunction with this loan. This plain-vanil
Switching Caps For Swaps
This lack of an initial payment does not exactly mean that the swap is free. It is not. Economists consider the cost of the swap to be an op
The Long View-First Steps in Designing a Risk Management Program
A critical consideration in setting this horizon is that companies should only seek to hedge exposures that are expected to be realized with