[Korea goyounghun financial newspaper reporter] Korea Exchange has held an 'excellent enterprise risk management in 2017 "award at the Seoul office eight days.
This year, the risk management excellent company through referrals and corporate members involved in the review of the currency futures market, the US dollar gift, chose SFA, avoid two companies including SM.
Which has built an enterprise-wide risk management system based on the commitment of the management team, operate, especially one well is estimated to take advantage of currency futures.
The advantage of currency futures is unlike other commodities, not always a hassle gotta deal on the market price according to price negotiations, it is easy to liquidate any positions are available and, if necessary, extend maturities. Fee cost involved in the transaction are also relatively inexpensive.
Recent exchange rate volatility in the company that manages the foreign exchange risk by using currency futures markets, but to increase, many companies are still not easy to respond appropriately to the exchange risk.
Exchange officials explained that such a provision ceremony to spread the need for risk management and the risk management system, excellent company well equipped to dig, to enterprise-wide award.
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