End-user hedging: FMC’s natural gas hedges show benefits of OTC trading

Exchange-traded futures are costlier and less effective, professors argue

FMC natural gas hedges show benefits of OTC trading
Recent research has shown that using derivatives to manage risk can reduce both total risk and systematic risk

Over the past 30-plus years, innovations in the over-the-counter derivatives markets have fundamentally advanced the risk management practices of non-financial firms in value-adding ways. These