hedging-and-accounting
Top StoriesAs Nikkei Eclipses 34-year Record, Derivatives Signal Stall Ahead
Top StoriesChina’s Exchanges Restrict Stock Selling by Some Hedge Funds
Top StoriesFactbox-How European Airlines Have Hedged Against Fuel Price Increases
InvestingData Plays a Vital Role in Increasing Liquidity and Pricing Transparency in Oil Swaps
Roller Coaster March Puts Macro Hedge Funds in Red, Others Post Small Gains
Date: April 6, 2023
By Carolina Mandl and Svea Herbst-Bayliss NEW YORK (Reuters) -Big market swings in March sparked by a banking crisis hurt some hedge fund returns with global macro firm Rokos Capital Management reporting double digit losses. Firms that concentrate on stocks, however, rode a late month market rally to small gains, according to investors and industry...
With Big Bets on Musk, These Funds May Have a Tesla Problem in ’23
Date: January 5, 2023
By David Randall NEW YORK (Reuters) – Tesla Inc’s steep sell-off is proving to be an ongoing nightmare for fund managers that have bet heavily on the Elon Musk-led electric vehicle manufacturer. Overall, 50 actively-managed U.S. equity funds have more than 5% of their assets in the company, exceeding the barrier that many portfolio managers...
Exclusive-Shell’s Flagship Lng Trading Made Nearly $1 Billion Loss in Q3 -Sources
Date: November 3, 2022
By Ron Bousso, Marwa Rashad and Dmitry Zhdannikov LONDON (Reuters) – Shell’s liquefied natural gas (LNG) trading division recorded a loss of nearly $1 billion in the third quarter of the year, three industry sources told Reuters, after traders were caught out by a sharp rally in European gas prices when Russia halted supplies. Shell,...
Explainer-Nuts and Bolts of the LME’s Cancelled Nickel Trades Legal Case
Date: June 30, 2022
By Pratima Desai LONDON (Reuters) – Hedge fund Elliott Associates and Jane Street Global Trading are suing the London Metal Exchange for up to $500 million after the LME cancelled nickel trades on March 8 when prices soared to record highs above $100,000 a tonne in chaotic trade. The nickel trading debacle is the biggest...
As Interest Rates Continue Rising, Corporate Treasury Must Hedge
Date: June 17, 2022
Farah Lotia is the Director, Interest Rate and Quantitative Analytics at Hedge Trackers Corporate exposure to interest rate (IR) risk will become increasingly consequential as rates continue to rise following the long period of historically low borrowing costs and investment returns. The rate changes mean that more CFO offices, corporate treasurers and accounting teams must...
Cme Explores Nickel Contract After Lme Trade Chaos -Sources
Date: May 6, 2022
By Pratima Desai LONDON (Reuters) – CME Group is talking to market participants about the idea of a cash-settled nickel contract for companies to hedge costs of the electric vehicle battery raw material, two sources with knowledge of the matter said. Market participants say a viable alternative trading venue would give disgruntled users the opportunity...