Commodity options: trading and hedging volatility in the world's most lucrative market
A guide to commodity options trading.
Hedging
Find out more about hedging with our selection of articles, books and online resources.
What's on this page?
- eBooks
- Checklists
- Online articles
- Useful links
- Articles and books in the Library collection
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Expert help for your enquiries and research.
Featured article
Why the original hedge fund model is fading
The article covers the unreliability of long-short equity due to low volatility and interest rates. It also offers strategies to address when funds sell a stock short, such as protection of capital by hedge fund managers, and the aspect which stirs disillusionment with stock hedge funds.
You will need to be logged-in to the website to access the full range of articles available online.
eBooks
The Library provides full text access to a selection of key business and reference eBooks from leading publishers. eBooks are available to logged-in ICAEW members, ACA students and other entitled users. If you are unable to access an eBook, please see our Help and support advice or contact library@icaew.com.
Introduction to derivative financial instruments: options, futures, forwards, swaps, and hedging
A comprehensive guide to derivative financial instruments.
Foreign exchange: a practical guide to the FX markets
A theoretical and practical guide to FOREX markets.
Terms of use: You are permitted to access, download, copy, or print out content from eBooks for your own research or study only, subject to the terms of use set by our suppliers and any restrictions imposed by individual publishers. Please see individual supplier pages for full terms of use.
Online articles
The Library provides access to leading business, finance and management journals. These journals are available to logged-in ICAEW members, ACA students and other entitled users subject to suppliers' terms of use.
Replacing LIBOR in Derivatives Contracts
The article focuses on FASB has issued guidance to simplify the accounting for contract modifications that result from replacing London interbank offered rate (LIBOR) with a different reference rate.
As pound rebounds, case for currency hedging strengthens
Trustees of UK defined contribution (DC) pension plans should consider stand-alone currency hedging programs, experts say.
Companies turn to CFDs to save on FX hedge costs
The article reports on the growing number of companies in Europe that are using contract for difference (CFD) to save on foreign exchange (FX) hedge costs.
Useful links
ICAEW
Derivatives and hedge accounting: winners and losers
A Financial Reporting Faculty July 2015 article by Steve Hubbard, looking at the new hedge accounting requirements when moving to FRS 102. Full article is available to Financial Reporting Faculty members and subscribers of Faculties Online or International Accounting, Auditing & Ethics (IAAE).
Hedge accounting under FRS 102
Technical helpsheet issued to help ICAEW members to understand aspects of hedge accounting under FRS 102. Updated in September 2018.
Standards and guidance
FRC amendments to FRS 102 - Basic financial instruments and hedge accounting
The FRC published these amendments in July 2014, following a consultation launched in November 2013. The amendments come into effect for financial years beginning on or after 1 January 2015, the same date FRS 102 becomes effective.
IASB hedge accounting amendments
In November 2013 the IASB announced the completion of a package of amendments to the accounting requirements for financial instruments. The Economia article IASB hedge model welcomed comments on how the reforms were received by industry.
Hedge fund survey
Study conducted by the FCA in 2015 looking at the hedge fund industry, hedging activity in financial markets, and the portfolio characteristics of hedge funds.
HMRC Corporate Finance Manual CFM1000
This HM Revenue and Customs Corporate Finance Manual contains guidance on the corporation tax treatment of corporate finance, including derivative contracts and foreign exchange.
HMRC Foreign exchange manual BIM39500
Guidance for unincorporated businesses on the rate of exchange that traders should use to translate foreign currency amounts into sterling and the tax treatment of exchange differences.
Articles and books in the Library collection
To find out how you can borrow books from the Library please see our guide to book loans.
You can obtain copies of articles or extracts of books and reports through our document supply service.
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