FOW Awards Most innovative or creative use of derivatives

FOW Awards: Most innovative or creative use of derivatives 30 Oct 2009

Masterly use of options

Most innovative or creative use of derivatives

Mexican government oil hedge

The oil price rollercoaster of 2008 was a frightening ride for Mexico, the world’s sixth biggest crude producer, where oil revenues make up nearly 40% of public sector income.

In summer 2008, as Mexico planned its 2009 budget, the oil price was at a record high – but wise heads knew it was vulnerable.

Sure enough, between July and December last...

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FOi - Futures and Options Intelligence

FOW Awards: Most innovative or creative use of derivatives 30 Oct 2009

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