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Financial Risk Management Best Practices

Tuesday, September 15, 2009

sals.a Educational Research is a regular free newsletter offering practical information about risk management using derivatives. The research is written by team of experienced financiers. You can find all previous issues and the subscription form in the sals.a Educational Research page.

We have gathered best practice articles from all issues below. The numerical examples in the articles can be tested and adjusted with sals.a, the web-based financial planning and risk management software for finance professionals.

  • The fundamentals of diesel hedging, Pt 2Tuesday, February 17, 2009

    In Part 1 of this article, we gave you a short overview of the functioning and dynamics of commodity markets. Now we look how the prices breathe.

  • Back-up Expensive? – no, cancellableFriday, December 04, 2009

    As old Central Bank wisdom would have it „the enemy of lower Interest rates is lower interest rates.“ As a result of the flooding of money and investment markets in the course of the banking and financial crisis, fear was stirred up globally about whether issuing banks were acting timeously and proportionately to counter nascent devaluation and attendant fast-rising interest rates.

  • Long-term behaviour of commodity marketsThursday, July 09, 2009

    Current signals from the commodity markets are confusing and the experts’ forecasts do not help much. How can corporates be successful in managing commodity price risks? What factors determine long term prices?

  • Currency hedging – to option, or not to option?Wednesday, June 17, 2009

    Since September 2008, importers and exporters have been experiencing a roller coaster ride on global currency markets. In May 2009, we began a multi-month study, with the support of university researchers, to find solutions to common currency hedging problems.

  • Currency management with financial instruments during the crisisTuesday, April 07, 2009

    With sharp volatility increases in the currency markets, the urgency for hedging measures has grown strongly. These price changes also offer alternative ways beyond the traditional and inflexible "concrete" hedging solutions.

  • Cross Currency Swaps, Pt.2Tuesday, February 17, 2009

    We continue our CCS article with an application-oriented risk/return analysis.

  • Cross Currency Swaps, Pt.1Tuesday, January 06, 2009

    A cross currency swap (“CCS”, also known as a “currency swap” or “interest and currency swap”) is an instrument for active interest rate management, used since the 1980s by large companies and family-owned businesses in Germany.

  • The fundamentals of diesel hedging, Pt.1Monday, December 29, 2008

    “Commodities markets are taking a breather” – this is the best way to describe the current development of the oil price. Finance departments, however, cannot afford to take a break, because now is the time to actively consider commodities price management.

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