MODERN HEDGING FOR EVERYONE

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The business world is entering a new period which might well be called the Era of Hedging. Hedging is the arbitrage between futures and their corresponding spot commodities, financial instruments, or services. The modern hedger not only seeks protection from price fluctuations, but also tries to profit from the variations of basis, and speculates on the basis variation by placing and lifting the hedge several times on part of his inventory. The business world is entering a new period which might well be called the Era of Hedging. Hedging is the arbitrage between futures and their corresponding spot commodities, financial instruments, or services. The modern hedger not only seeks protection from price fluctuations, but also tries tries to profit from the variations of basis, and speculates on the basis variation by placing and lifting the hedge several times on part of his inventory.
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