Quantart-Hedgenius Q3 Newsletter
Hedgenius the must have Software for every Corporate & Institution Treasury
We are excited to share the highlights from Q3 at Hedgenius. Although Hedgenius is a software platform, it is powered by a dedicated team of expert analysts and Treasury leaders who work meticulously behind the scenes. They focus on areas of highest volatility and demand to deliver timely insights and comprehensive reports, ensuring our users stay ahead in dynamic market conditions.
Quantart-Hedgenius Q3 Newsletter
Foreword
As Q3 comes to an end, we reflect on the performance of Global Markets during the quarter. Global attention was on the September FOMC, with growing expectations of a Rate cut. Gradually, the market came to expect a 50 bps rate cut as it sensed that the Fed was more focused on Employment than Inflation. The combination of a BOJ hike and a Fed cut saw the JPY appreciate from 160 to 140 levels, triggering panic in global markets. China’s shift away from construction-led growth caused a crash in Commodity prices, and the country continued to export Deflation globally. The USD weakened due to the Fed’s dovish stance, boosting EUR and GBP, despite weak Eurozone growth. Base metals like Copper and Aluminum hit multi-month highs, driven by China’s stimulus efforts, although demand remained soft, and China’s recovery remained uncertain. Middle Eastern tensions further fueled unpredictability, impacting global supply chains. INR fluctuated from 83.45 to 84.00+, then down to 83.50, ending the quarter at 83.80+.
The team at QuantArt Hedgenius stayed abreast and analyzed Global Market data to create relevant Outlook Reports and Training Sessions, so that our clients stayed informed.
This quarter marked a significant increase in Hedgenius usage, empowering Treasury teams to navigate global markets with ease. Our Daily Commentary offered actionable insights on Global Market trends and practical Hedging Strategies for managing risks in Commodities and Currencies.
Other Popular features included Multi-Currency Outlooks for USD, GBP, EUR, AUD, CAD, ZAR, CNY, JPY, alongside Live Rates and tools like the Options and SWAP Calculators. Covering 15 global currencies and key commodities, Hedgenius supports informed decision-making.
As we enter into Q4, we are excited to introduce new features, including the latest software enhancements added this quarter, advanced training sessions, detailed research reports with outlooks and strategies for volatile markets, all complementing the already robust and useful software capabilities. You’ll find specific details ahead.
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Quant-Art Hedgenius the must have Treasury software for corporates and institutions. Stay Ahead !
Quantart-Hedgenius Q3 Snapshot
Whether you missed any of the exciting Q3 offerings from QuantArt Hedgenius or want to revisit the various activities, features, and updates, we’ve compiled a comprehensive snapshot of Q3 for you. As a valued subscriber, remember you have full access to all research reports, training sessions, and software features for the quarter. Simply log in with your username and password to explore all the insights and updates.
- Hedging to Optimise EBITDA not MTM
- Latest Escalation in Middle East and its market impact
- Post Jackson Hole- Fx and Interest Rate outlook and hedge strategies
- Hedge Strategy through Copper Algo
- Impact of growing solar energy sector on Aluminum demand
- Weekly USD, EUR, GBP, INR hedge Strategies and Global Market Analysis
- Copper, Aluminum, Zinc and Lead Hedge Option strategies
- Get right rates from banks on your Fx conversions
- Benefit of Hedging through Options for USDINR Importers.
- Post FOMC INR Outlook.
- Trade Strategy & Hedge Strategy
- Hedge Exports through Forwards for longer tenure due to higher premiums
- Reduce cost on Loan through USD loan + hedge
- Save cost on your Imports with Low-Cost Hedging
- Can China give a shock to Commodity Prices
- Tariffs implemented on China and its global impact as well as impact on CNY
- MCX-LME Arbitrage Opportunity in Copper, Aluminium and Zinc if any
- RBI Bond Investment: Duration Play- 40yr vs 10yr bond
- How to make a Forex Risk management Policy
Currency Outlook & Strategy Reports
- USD Outlook and Strategy
- GBP Outlook and Strategy
- EUR Outlook and Strategy
- AUD Outlook and Strategy
- CAD Outlook and Strategy
- KRW Outlook and Strategy
- CNY Outlook and Strategy
- JPY Outlook and Strategy
- PHP Outlook and Strategy
- XOF Outlook and Strategy
- EGP Outlook and Strategy
- ZAR Outlook and Strategy
- TRY Outlook and Strategy
- Crude Oil Outlook and Strategy
- Copper Outlook and Strategy
- Zinc Outlook and Strategy
- Aluminum Outlook and Strategy
- Steel Outlook and Strategy
- Gold Outlook and Strategy
- Renewable Sector Outlook and Strategy
July 2024
- Fx Exotic Options – Session II
- Commodity Hedging for Profitability Protection-Session II
- Commodity Hedging for Profitability Protection
- Borrowing Cost Reduction Strategies through foreign currency funding and hedging
August 2024
- Fx Hedging using Forwards – 21 Aug 2024
- Fx Exotic Options – S3_7 Aug 2024
September 2024
- Making Sense of Foreign Exchange Market
- Global Macro and how it affects Financial Markets
- Fx Risk Management – Policy and Best Practices
Strip Option and Solver
Now one can price weekly, monthly, quarterly strip of options in calculator. Strip options provide great benefit in hedging for regular cash flows. In addition solver function helps to price zero cost structures by changing strike of chosen leg.
Leadership Team
Samir Lodha
Managing Director
Srinivas Puni
Managing Partner
Vinod Garg
Managing Partner
Sandip Basu
Managing Partner
Samir Lodha founded QuantArt in 2012 January which has been running for the last 10 years. He is an MBA from the Indian Institute of Management Calcutta (IIMC) and has around 20 years of experience in Forex and Interest rate risk management. Prior to that, he had worked in senior positions with foreign exchange treasuries of JP Morgan (Executive Director), HSBC (Associate Director), and ICICI Bank wherein he advised large companies across India on risk management and hedging of foreign exchange and interest rates exposures. He has significant experience in Fx and rate markets along with a sound experience and understanding of global markets, market economics, hedging strategies, hedge algorithms, price calculation, and risk-return optimization.
Srinivas Puni is an MBA from the Indian Institute of Management Bangalore (IIMB) with over 15 years of experience in structuring forex and interest rates derivatives. He has worked with banks like JP Morgan, Standard Chartered, Yes Bank, and Axis Bank in the past. He conducts training on foreign exchange and risk management as well as advises specifically large clients. Srinivas has an in-depth understanding of the quantitative models behind derivative valuation and related CVA, DVA, FVA modeling. He specifically handles pricing, valuations, structuring, risk modeling etc
Vinod is an MBA from IIM Lucknow with 20+ years of experience in treasuries in India and Hong Kong wherein he advised large companies and banks on risk management, markets, and hedging. Prior to joining QuantArt, he held the positions of Executive Director in Goldman Sachs and BNP Paribas. Vinod has extensive skills in simplifying complex situations and convert the same into a hedge opportunity.
Sandip is a post graduate from BITS Pilani with 25+ years of experience in global markets. He began his banking career with SBI and thereafter held leadership position at treasury at American Express Bank, Deutsche Bank and ICICI Bank in India. He was an investment banker for 7 years covering areas including PE intermediation, debt syndication and FX advisory. Sandip was Chief Treasury for Tata Steel Group between 2014-2020, where he led a large team with distinction in hedging currency, interest rates and commodity, investment of surplus funds, retirals investment, working capital management,RBI regulations etc.
Samir Lodha
Managing Director
Samir Lodha founded QuantArt in 2012 January which has been running for the last 10 years. He is an MBA from the Indian Institute of Management Calcutta (IIMC) and has around 20 years of experience in Forex and Interest rate risk management. Prior to that, he had worked in senior positions with foreign exchange treasuries of JP Morgan (Executive Director), HSBC (Associate Director), and ICICI Bank wherein he advised large companies across India on risk management and hedging of foreign exchange and interest rates exposures. He has significant experience in Fx and rate markets along with a sound experience and understanding of global markets, market economics, hedging strategies, hedge algorithms, price calculation, and risk-return optimization.
Srinivas Puni
Managing Partner
Srinivas Puni is an MBA from the Indian Institute of Management Bangalore (IIMB) with over 15 years of experience in structuring forex and interest rates derivatives. He has worked with banks like JP Morgan, Standard Chartered, Yes Bank, and Axis Bank in the past. He conducts training on foreign exchange and risk management as well as advises specifically large clients. Srinivas has an in-depth understanding of the quantitative models behind derivative valuation and related CVA, DVA, FVA modeling. He specifically handles pricing, valuations, structuring, risk modeling etc
Vinod Garg
Managing Partner
Vinod is an MBA from IIM Lucknow with 20+ years of experience in treasuries in India and Hong Kong wherein he advised large companies and banks on risk management, markets, and hedging. Prior to joining QuantArt, he held the positions of Executive Director in Goldman Sachs and BNP Paribas. Vinod has extensive skills in simplifying complex situations and convert the same into a hedge opportunity.
Sandip Basu
Managing Partner
Sandip is a post graduate from BITS Pilani with 25+ years of experience in global markets. He began his banking career with SBI and thereafter held leadership position at treasury at American Express Bank, Deutsche Bank and ICICI Bank in India. He was an investment banker for 7 years covering areas including PE intermediation, debt syndication and FX advisory. Sandip was Chief Treasury for Tata Steel Group between 2014-2020, where he led a large team with distinction in hedging currency, interest rates and commodity, investment of surplus funds, retirals investment, working capital management, RBI regulations etc.
Quantart-Hedgenius Q4
Keeping in mind what is most relevant for the upcoming quarter, we are excited to present our Q4 offerings. These include in-depth research reports, hedge strategies, and specialized training sessions tailored to market needs. Notably, this quarter will see the launch of our Equity and Bonds Training Modules, designed to expand your expertise. As a QuantArt Hedgenius subscriber, you’ll have full access to these insights and more, helping you stay ahead of the curve with enhanced strategies and tools.
- Hedge Strategy through Copper Algo
- Weekly USD, EUR, GBP, INR hedge strategies.
- Copper, Aluminum, Zinc and Lead Hedge Option strategies
- Benefit of Hedging through Options for USDINR Importers.
- Post FOMC INR Outlook.
- Various Content related to trade strategy, hedge strategy, hedge cost, timing.
- Hedge Exports through Forwards for longer tenure due to higher premiums
- Reduce cost on Loan through USD loan + hedge
- Save cost on your imports with low-cost hedging
- MCX-LME Arbitrage Opportunity in Copper, Aluminium and Zinc if any
- RMP templates
Currency Outlook & Strategy Reports
- USD Outlook and Strategy
- GBP Outlook and Strategy
- EUR Outlook and Strategy
- AUD Outlook and Strategy
- CAD Outlook and Strategy
- KRW Outlook and Strategy
- CNY Outlook and Strategy
- JPY Outlook and Strategy
- PHP Outlook and Strategy
- EGP Outlook and Strategy
- ZAR Outlook and Strategy
- TRY Outlook and Strategy
- Crude Oil Outlook and Strategy
- Copper Outlook and Strategy
- Zinc Outlook and Strategy
- Aluminum Outlook and Strategy
- Steel Outlook and Strategy
- Gold Outlook and Strategy
- Renewable Sector Outlook and Strategy
- Complex Swap Pricer: It will enable pricing of CCS (Cross Currency Swaps), POS (Principal Only Swaps), COS (Coupon Only Swaps), and IRS (Interest Rate Swaps) across various schedules, from simple to complex structures.
- Deferred Premium Calculation: It will provide a deferred premium cost for Options at a specified funding rate, essential for Long-Term Hedging analysis using Options.
- Loan Exposure Tracking: It will capture Loan exposure and track Live IRR post-hedging through Swaps, Options, and LTFX. It will also projects potential IRR under various future scenarios.
- Netting of MIS: It will offer consolidated MIS reports at the Project, Subsidiary, and Company Level, providing a broad summary.
October 2024
- Commodity Hedging
- Corporate Fx Value at Risk and Hedge Strategy Optimization
- Fx Hedging – Advanced
November 2024
- Investment in Bond
- Interest Rate Hedging and Management of Loans
- Capital Protected Structures on Equity Investments
- Commodity Hedging
December 2024
- Bond Pricing
- FX Rate Negotiation Strategies – A discussion session
- Dos and Don’ts of Equity Option Trading