The Financial Accounting Standards Board (FASB) only recognizes hedges as being ineffective for accounting purposes when the hedge gains or

This work-around may still be problematic in that the various hedging relationships may not all be satisfied using the same hedge effectiven

A forward contract is a principal-to-principal transaction that commits the counterparties to exchange some underlying property at a given p

With the availability of alternative futures contracts based on related underlying instruments, it is often attractive to consider trading f